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home / news releases / TSM - IT Heavyweights: Huawei Restriction Season 2 And Its Impacts


TSM - IT Heavyweights: Huawei Restriction Season 2 And Its Impacts

US announces Huawei restrictions; lessons learned from 2019’s restrictions

The US Department of Commerce announced on May 15 that it would amend an export rule as part of the second round of US restrictions on Huawei and plans to implement the revised rule from September after a 120-day grace period. The earlier round of restrictions was mostly about US companies having to acquire a permit before they export key parts such as semiconductor chips to Huawei and Huawei affiliates. The second round will likely be about non-US companies using American technologies having to obtain US

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Stock Information

Company Name: Taiwan Semiconductor Manufacturing Company Ltd.
Stock Symbol: TSM
Market: NYSE
Website: tsmc.com

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