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0.000690539607378982 0.000493242576699193 0.00305810397553519 0.00483377725165231 0.00660945052776957 0.00522837131301175 0.00266350991417575 0.00108513366873828
Stock impact report

Huawei laments U.S. plans to crimp its global chip supply [Reuters]

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) 
Last taiwan semiconductor manufacturing company ltd. earnings: 4/17 04:00 pm Check Earnings Report
Company Research Source: Reuters
Huawei laments U.S. plans to crimp its global chip supply WASHINGTON, April 7 (Reuters) - A Huawei Technologies Co Ltd executive on Tuesday described as “unfortunate” plans by the U.S. government to curb the Chinese telecom equipment maker’s access to global chip supplies. Reuters reported last month that senior Trump administration officials agreed to new measures to force foreign chip manufacturers that use U.S. equipment to seek a license before shipping to the blacklisted company. Sources said the plan, if finalized, could deal a blow to Huawei and one of its key chip manufacturers, Taiwan Semiconductor Manufacturing Co. It could also hit U.S. companies like KLA Corp, Lam Research Corp and Applied Materials Inc, which provide chipmaking equipment. Speaking on a webinar, Paul Scanlan, chief technology officer of Huawei’s networking business, lamented the news, but appeared to dismiss concerns that the measures could hurt the company in the long run. “Relating to things like the U.S Show less Read more
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