TSMC to cease business with Huawei following U.S. order

TSMC to cease business with Huawei following U.S. order”

After Google complied with the USA restrictions, Huawei can no longer build smartphones with the Google Play Store and has to build its own alternative, which will take a long time to win people's hearts.

Speaking further on the developments, Huawei issued a statement saying the company "categorically" opposed amendments from the US Department of Commerce to foreign direct product rules targeting the company.

The US' order, which will come into effect from September, blocks companies from using American-made software or hardware to make chips for Huawei and its affiliates. "This will only serve to undermine the trust global companies place in USA technology and supply chains", Kelly said. HUAWEI says the action will have a serious impact on a wide range of global industries. Huawei has denied the allegations.

Huawei is still assessing the potential fallout of the latest restrictions and couldn't predict the impact on revenue for now, Guo said.

Following the US government's announcement that would further thwart Huawei's chip-making capability, the Chinese telecoms equipment giant condemned the new ruling for being "arbitrary and pernicious".

Guo Ping emphasised in a press conference this morning that "survival is the key word for us at present" as he answered questions at an event supposed to show off how American sanctions haven't really affected Huawei. The statement finishes with Huawei confirming that the company expects an impact on their business but that, nevertheless, they will try to find solutions.

More news: Félicien Kabuga arrested near Paris for role in Rwandan genocide

Huawei has few alternatives if Washington refuses to allow its suppliers to use US technology. Following the US' extension of its sanctions on Huawei, new reports of China considering responding in kind has surfaced again.

TSMC, the world's biggest chipmaker has apparently halted new orders from Huawei due to tighter U.S. export controls. "Ultimately, this will harm USA interests", Huawei said in a statement, adding that the decision was "arbitrary and pernicious, and threatens to undermine the entire industry worldwide".

"It will damage the trust and collaboration within the global semiconductor industry and could increase conflict and loss within these industries", it said.

Chinese electronics company Huawei's future looks bleaker than ever. Samsung would likely be subject to the same U.S. government regulations, and China's SMIC (Semiconductor Manufacturing International Corporation) is far behind the TSMC when it comes to manufacturing capacity and technology.

Nevertheless, in its relentless pursuit to tighten its stranglehold on our company, the United States government has chose to proceed and completely ignore the concerns of many companies and industry associations.

Like this



18 May 2020
Google Pixel 5 could dump the Pixel 4's most unpopular feature
For video recording, the rear unit will support 4K recording at 30fps, while the front camera will shoot 1080p videos at 30fps. Based on previously released leaks, the device will feature a 5.81-inch LCD screen with a 1080 x 2340-pixel resolution.

18 May 2020
FBI Connects Pensacola Gunman to al-Qaida
Alshamrani opened fire on the Naval Air Base Station in Pensacola, killing three U.S. sailors and injuring eight other people. He had been undergoing flight training at Pensacola, where members of foreign militaries routinely receive instruction.

18 May 2020
Sir Anwer Pervez, richest Pakistani British businessman, loses £432m in pandemic
Steel baron Lakshmi Mittal was another to see the steepest falls in his fortune - almost £4b - placing him 19th with a worth of £6.78b.

18 May 2020
Space Plane: Mysterious US military aircraft launches
The aircraft that was launched on Sunday - Operational Test Vehicle 6 - carries several USA military and NASA science experiments. The U.S. military's mystery space plane rocketed into orbit again Sunday, this time with an extra load of science experiments.

18 May 2020
Netflix announce release date for Umbrella Academy season two
This affiliate advertising program also provides a means to earn fees by linking to and affiliated sites . Seven were adopted by a billionaire who created The Umbrella Academy and prepared his "children" to save the world.

18 May 2020
Andrew Cuomo Gets Tested for Coronavirus at Briefing
Cuomo said drive-thru and walk-in testing sites are performing about one-third of the 15,000 tests they're capable of each day. An agreement with CVS will allow samples to be collected at more than 60 pharmacies across the state, Cuomo said.

18 May 2020
Lampard keen to extend Willian and Giroud contracts
This agreement needs to be mutual between player and club, with the deadline to agree an extension set at June 23rd. Hopefully, we can make that arrangement so they can stay with us.

18 May 2020
Celtic crowned Scottish champions
It is worth £125m across five years and will be a lifeblood to the Scottish game, as many of its clubs face a fight for survival. We have stayed strong as a club, remaining focused, acting professionally and with thought at all times for others.

18 May 2020
Hong Kong legislature erupts into fisticuffs
The Democrats chanted "foul play" and held a placard reading "CCP [China Communist Party] tramples HK legislature". Protesters have been calling on social media for city-wide demonstrations on that day.

18 May 2020
Twitter Won’t Reopen Offices Before Sept., Allows Permanent Work From Home
There has been a mentality that working from home was stealing from the boss and facetime in the office was more important. Twitter was one of many first tech firms to make it necessary for its nearly 5,000 workers to work at home .