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Home ยป Tech Industry

TSMC wants to continue supplying Huawei after grace period, report says

By Phate Zhang
Jul 12, 2020 at 7:07 PM UTC
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TSMC wants to continue supplying Huawei after grace period, report says-CnTechPost

TSMC has made submissions to the U.S. in an effort to continue supplying Huawei after the grace period, according to cnyes.com.

The U.S. Department of Commerce's Huawei ban announced in May requires any company that supplies semiconductor products containing U.S. technology to Huawei must first obtain an export license.

The U.S. Department of Commerce has provided a 120-day grace period, with 60 days for the U.S. government to gather input before the grace period ends. Companies have until July 14 to submit comments, and after July 14 they can apply for a license from the U.S. government.

TSMC Chairman Mark Liu had previously said several times at shareholder meetings that he would work to get shipments to Huawei and TSMC continues to monitor the purpose of the U.S. ban and the extent to which it is enforced.

Huawei accounts for nearly 15 percent of TSMC's revenue and is one of the most important customers for its advanced processes, second only to Apple.

Mark Liu said if TSMC is unable to take Huawei's orders, there are many clients who want to fill the vacancies but still don't want that to happen.

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