Taiwan chipmaker Macronix says 'doing very well' after Huawei ban

Macronix International

16/09/2022 11:05

By Sarah Wu
    HSINCHU, Taiwan, Sept 16 (Reuters) - Taiwanese chipmaker
Macronix International Co Ltd  2337.TW  is "doing very well" in
replacing customers after the Trump administration's ban on
supplying China's Huawei  HWT.UL , its chairman said on Friday.
    In August 2020 the Trump administration expanded its curbs
on Huawei and banned suppliers from selling chips made using
U.S. technology to the Chinese firm without a special licence.
    Macronix Chairman and CEO Miin Wu told reporters at company
headquarters in Taiwan's chip hub Hsinchu that Huawei used to be
their number one customer in 5G-related chips.
    "Toward that end, I think I only can do is to find more
customers who fit into our business," Wu said, speaking in
English and when asked about the impact of U.S. restrictions on
selling to Chinese firms.
    "We are doing very well on that. In fact we are getting a
lot of new customers from Europe, the U.S. It used to be that
they are only buying from U.S. suppliers, now they are buying
from me. So I don't see that as a problem."
    He did not name the new customers.
    The U.S. move in August of 2020 closed potential loopholes
in its sanctions earlier that year that could have let Huawei
buy chips using U.S. technology via third parties.
    The curbs came amid a growing rift in Sino-U.S. ties as
Washington pressed governments to squeeze Huawei out, alleging
the company would hand over data to Beijing for spying. Huawei
has always denied it spies for China.

 (Reporting by Sarah Wu; Writing by Ben Blanchard; Editing by
Kim Coghill)
 ((ben.blanchard@thomsonreuters.com;))