Taiwan adds Huawei, SMIC to trade blacklist: Will it hurt China amid amid growing tensions with US?

Taiwan adds Huawei, SMIC to trade blacklist: Will it hurt China amid amid growing tensions with US?

Taiwan’s decision deals another setback to Beijing’s efforts to expand its domestic chipmaking capabilities and compete with US firms such as Nvidia, as Huawei and SMIC have already been sanctioned by US

Since being placed on the US trade blacklist in 2019, Huawei has faced tightened restrictions, particularly in accessing advanced semiconductors that rely on American technology. With Taiwan’s decision, that situation is set to get worse. Reuters