According to a Reuters report, the world's largest semiconductor foundry, TSMC, announced on the 2nd that it has decided to withdraw its application for the special system "Verification of End User (VEU)" from the U.S. government by the end of December.
After the cancellation, TSMC will need to obtain individual licenses to export U.S.-made semiconductor manufacturing equipment to its factory in Nanjing, China.
TSMC explained that it is reviewing the current situation and maintaining communication with the U.S. government. It added that it will do everything possible to ensure that the operations of the Nanjing factory are not disrupted.
After implementing comprehensive restrictions on the shipment of semiconductor manufacturing equipment to China, the U.S. government had requested TSMC and other foreign semiconductor manufacturers to apply for VEU status.
Samsung Electronics and SK Hynix in South Korea were also required to cancel their VEU status applications 120 days later on August 29.
The U.S. Department of Commerce stated on August 29 that it would allow foreign manufacturers to operate existing facilities in mainland China, but they would not be allowed to expand capacity or update technology.
It is currently unclear how long it will take to obtain individual export licenses, and completing the procedures may take a considerable amount of time.
Original article: www.toutiao.com/article/1842194992684044/
Statement: This article represents the views of the author himself.