Taiwan Blacklists Chinese technology company that is designated as ‘National Security Threat’ by the US

Taiwan has blacklisted China’s Huawei Technologies Co. and Semiconductor Manufacturing International Corp. According to a report in Bloomberg, Taiwan’s International Trade Administration has included Huawei, SMIC and several of their subsidiaries in an update of its so-called strategic high-tech commodities entity list, according to the latest version that was made available on its website on Saturday, June 14. This is said to deal a serious blow to the two companies spearheading China’s efforts to develop cutting-edge AI chip technologies. The change, which was not publicly announced, requires Taiwanese companies to obtain government approval before exporting to listed entities.