Even more so, in a recent statement made this Sunday, the ministry’s administration said it had recently held a meeting to review the entity list, reporting “based on the prevention of arms proliferation and other national security considerations”.
It is also worth mentioning that there were a total of 601 entities added to the list, among which we observed Huawei and SMIC, along with other entities from Russia, Myanmar, Pakistan, China, and Iran.
It also added “Manufacturers must comply with export control regulations, fulfil their verification obligations and carefully assess transaction risks,".
Taiwan is the home of TSMC, known as the world’s biggest contract chipmaker and one of the major suppliers of chips to the AI industry and NVIDIA. Huawei and SMIC have both been working hard to catch up in the chip technology industry.
The claims that China brings to the table are that Taiwan is their territory, despite the strong objections coming from Taipei’s government, which already has a tight chip export control when it comes to Taiwanese companies from either manufacturing in the country or supplying Chinese firms.
On the US Commerce Department trade list, there is also Huawei, which means that the country is barred from receiving US goods and technology; this also includes foreign-made goods such as chips from companies such as TSMC, made with technology from the US.
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