US gave no assurances to Taiwan's Semiconductor Manufacturing Company (TSMC) for license to sell to Huawei - official
TSMC, which unveiled a $12 billion investment plan in Arizona on Friday, has not been given any assurances that it will be granted a license to allow it to sell US technology to China`s Huawei, a senior US official said.
TSMC, the world`s biggest contract chipmaker, announced its plans on Friday just hours before the Trump administration outlined a proposal to amend tech export rules that could restrict TSMC`s sales to Huawei. Photo: Reuters