Sept. 3 (UPI) -- The U.S. government rescinded a waiver that allowed the world's largest contract chipmaker to easily export key chipmaking tech and equipment into China.
The Taiwan Semiconductor Manufacturing Company, or TSMC, is one of several similar companies that will now have to obtain a particular license to export tech and equipment to China without a license.
The U.S. Industry and Security Bureau, however, said in a statement that it "does not intend to grant licenses to expand capacity or upgrade technology" at semiconductor manufacturers in China.
The decision also impacts similar companies such as South Korea's Samsung and SK Hynix.
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