tradingkey.logo

TSMC says it is a law abiding company, after report of US probe

ReutersOct 18, 2024 12:59 AM

TAIPEI (Reuters) - Taiwanese chipmaker TSMC said on Friday that it was a law abiding company and committed to complying with laws and regulations, including export controls, following a media report the U.S. government was probing their dealings with China's Huawei.

"If we have any reason to believe there are potential issues, we will take prompt action to ensure compliance, including conducting investigations and proactively communicating with relevant parties including customers and regulatory authorities as necessary," it said in an emailed statement.

(Reporting by Ben Blanchard; Editing by Christian Schmollinger)

Reviewed byTony
Disclaimer: The content of this article solely represents the author's personal opinions and does not reflect the official stance of Tradingkey. It should not be considered as investment advice. The article is intended for reference purposes only, and readers should not base any investment decisions solely on its content. Tradingkey bears no responsibility for any trading outcomes resulting from reliance on this article. Furthermore, Tradingkey cannot guarantee the accuracy of the article's content. Before making any investment decisions, it is advisable to consult an independent financial advisor to fully understand the associated risks.

Recommended Articles