After Feiteng was included in the “Entity List” by the United States a few days ago, TSMC immediately announced that for the new changes to the United States export control entity list, the internal inventory mechanism was activated as soon as possible, and customer orders with doubts were completely stopped.
This statement is aimed at the latest batch of companies that have entered the US entity list, such as Feiteng. It is reported that Feiteng chips are manufactured by TSMC.
After being included in the list of export control entities by the United States, technical products originating from the United States can be reached unless the United States Department of Commerce agrees.
Additionally, Taiwan Worldchip, as a design partner of Feiteng, will also be significantly affected. As reported, if Feiteng fails to contribute performance this year.
It will cause the company’s revenue to drop by 25%. It is reported that in 2020, Feiteng contributed approximately 39% of Worldchip’s operating income. Affected by the blackout of Feiteng, Worldchip’s stock price has fallen to the limit for four consecutive trading days.
(Via)
