TAIPEI (Reuters) – Chipmaker TSMC is totally dedicated to complying with new export control rules, the corporate stated on Friday, after Taiwan’s authorities stated it might be part of worldwide sanctions on Russia for invading Ukraine.
“TSMC complies with all relevant legal guidelines and laws and is totally dedicated to complying with the brand new export control rules introduced,” it stated in an announcement.
“The firm additionally has a rigorous export control system in place, together with a sturdy evaluation and assessment course of to guarantee export control restrictions are adopted.”
(Reporting by Ben Blanchard; Editing by Muralikumar Anantharaman)
