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The Latest Chinese Supply Chain Restrictions And Its Impact To The Telco Industry [Forbes]

United Microelectronics Corporation (NEW) (UMC) 
US:NYSE Investor Relations: umc.com/english/investors/index.asp
Company Research Source: Forbes
Creative Commons CC0 LicenseUS Department of DefenseThe trade debate between the United States and China has been hard fought by both sides since the beginning of 2018. Flash forward to the spring of 2019, and the U.S. began to place restrictions on Huawei to limit its ability to purchase needed components from U.S. manufacturers for many of the products it produces. National security concerns tied to the U.S. telecommunications infrastructure and its allies have been cited while Huawei has continued to attempt to provide transparency through published software development tool kits and cybersecurity centers in its home of Shenzhen as well as Brussels.Recently, new restrictions have been discussed in Washington regarding foreign companies that use U.S. semiconductor fabrication equipment to supply Huawei. These measures would require the issuance of licenses by the U.S. government before companies such as Taiwanese semiconductor producer TSMC could deliver silicon solutions to the Chi Show less Read more
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