TAIPEI -- Taiwan Semiconductor Manufacturing Co. has secured a one-year license to continue ordering American chipmaking equipment for its expansion in China after the U.S. rolled out tough export controls to block Beijing' s tech ambitions, sources briefed on the matter told Nikkei Asia.
The U.S. government assured TSMC, the world' s biggest contract chipmaker, that it will be able to ship the equipment to a manufacturing facility in the Chinese city of Nanjing, meaning the company' s plans to expand its manufacturing footprint in the world' s second-largest economy will remain on track, people familiar with the matter said.