Chinese sales staff work at a Huawei smartphone showroom in Beijing on Saturday, January 30, 2021. Sales of smartphones by Chinese telecom giant Huawei plunged by up to 44% in 2020 as they were hit by U.S. sanctions on its suppliers, according to the research firm Canalys. Photo by Stephen Shaver/UPI | License Photo
June 16 (UPI) -- China's tech company Huawei and SMIC, a contract chip manufacturer, have been added to Taiwan's trade blacklist.
Taiwan put both of these companies on its strategic high-tech commodities entry list. Huawei and SMIC will now need to get export permits from suppliers in Taiwan to receive manufactured goods.
"Huawei and SMIC were among the 601 new foreign entities blacklisted due to their involvement in arms proliferation activities and other national security concerns," Taiwan's International Trade Administration said in a statement.
In addition to being on Taiwan's blacklist, both companies are on a U.S. trade blacklist due to Washington's control on advanced chips.
