Taiwan sets export controls on Huawei and SMIC

Chinese companies Huawei and SMIC may have difficulty reaching the resources needed to build artificial intelligence chips, due to the Taiwanese export controls.

Bloomberg reports that the International Trade Department in Taiwan The two companies and their subsidiaries put on an updated list of entities Deanously as high -tech strategic commodities. This means that the Taiwanese companies will need the government’s approval before they can charge anything to any of the company.

As a result, Huawei and SMIC will lose access to factory building techniques in Taiwan, materials, and equipment, which is likely to restore China’s efforts to develop semiconductors of new artificial intelligence, says Bloomberg.

“On June 10, we added about 601 entities from Russia, Pakistan, Iran, Myanmar and the mainland, including Huawei and SMIC, to the list of entities to combat weapons and address other national security concerns,” the Trade Administration said in a statement.