Taiwan says awaiting US announcement on China chip waiver extension

TAIPEI: Taiwan was waiting for a decision by the U.S. government on whether Taiwanese chipmakers will be allowed a waiver extension to supply U.S. chip equipment to their factories in China, Economy Minister Wang Mei-hua said on Thursday.

Last October, the Biden administration published a sweeping set of export controls, including a measure to cut off China from certain semiconductor chips made anywhere in the world with U.S. tools, vastly expanding the reach of a bid to slow Beijing’s technological and military advances.