Taiwan Semiconductor Manufacturing, the world’s largest contract chipmaker, said it was ready to deal with potential new US export controls, which it predicted would have only a temporary impact on its business.
TSMC chairman Mark Liu’s comments on Thursday are the first the company has made on plans by the US government to further restrict supplies to Chinese telecom gear maker Huawei and thwart China’s rise as a technology power.
Mr Liu urged the US to remember that TSMC was a “massive” business. “We are everyone’s foundry,” he said. He added that the business would comply with the law in every jurisdiction where it operates. “We will deal with every customer equally and fairly,” he said.
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