Taiwan removes South Africa from chip export blacklist
The post Taiwan removes South Africa from chip export blacklist appeared on BitcoinEthereumNews.com. Taiwan has backtracked on its decision to leverage its dominance in semiconductor production, using TSMC as a proxy, after facing backlash and negotiations. However, the move has been noted by many who believe it sets a precedent, noting that Taiwan could be getting influenced by the US to weaponize its chip-making capabilities. Taiwan suspended its restrictions on South Africa Taiwan has suspended the chip export curbs it placed on South Africa days after it used its technological dominance for diplomatic retaliation. The decision to suspend the export curbs reportedly came after South Africa agreed to dialogues, setting a precedent for future chip access-induced negotiations. Taiwan’s foreign ministry said on Thursday that it agreed to suspend the curbs “in view of the fact that our representative office in South Africa has just received a message from the South African government requesting consultations on the status of our office.” A spokesperson for South Africa’s foreign ministry called the measures an attempt to “disrupt the stability of the global supply chain of semiconductors.” The controls requiring official preapproval of exports would have taken effect in November after a notice period, but that will no longer happen. Diplomats suspect South Africa wanted Taiwan’s representative office out of Pretoria, the capital and a regional hub for diplomacy, before China’s leader Xi Jinping visits for the G20 summit this year. How quickly Taiwan imposed the curbs and the swiftness of the withdrawal have highlighted Taipei’s ability to use leading manufacturers such as TSMC to fight diplomatic battles as well as the delicate balance it must strike to avoid alienating its trading partners. Taiwan’s use of the threat has also been noted by many developing countries that depend on its chips but also maintain close ties to China. “The Taiwan authorities’ action is a deliberate move to…
The post Taiwan removes South Africa from chip export blacklist appeared on BitcoinEthereumNews.com.
Taiwan has backtracked on its decision to leverage its dominance in semiconductor production, using TSMC as a proxy, after facing backlash and negotiations. However, the move has been noted by many who believe it sets a precedent, noting that Taiwan could be getting influenced by the US to weaponize its chip-making capabilities. Taiwan suspended its restrictions on South Africa Taiwan has suspended the chip export curbs it placed on South Africa days after it used its technological dominance for diplomatic retaliation. The decision to suspend the export curbs reportedly came after South Africa agreed to dialogues, setting a precedent for future chip access-induced negotiations. Taiwan’s foreign ministry said on Thursday that it agreed to suspend the curbs “in view of the fact that our representative office in South Africa has just received a message from the South African government requesting consultations on the status of our office.” A spokesperson for South Africa’s foreign ministry called the measures an attempt to “disrupt the stability of the global supply chain of semiconductors.” The controls requiring official preapproval of exports would have taken effect in November after a notice period, but that will no longer happen. Diplomats suspect South Africa wanted Taiwan’s representative office out of Pretoria, the capital and a regional hub for diplomacy, before China’s leader Xi Jinping visits for the G20 summit this year. How quickly Taiwan imposed the curbs and the swiftness of the withdrawal have highlighted Taipei’s ability to use leading manufacturers such as TSMC to fight diplomatic battles as well as the delicate balance it must strike to avoid alienating its trading partners. Taiwan’s use of the threat has also been noted by many developing countries that depend on its chips but also maintain close ties to China. “The Taiwan authorities’ action is a deliberate move to…
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