Three US senators from the Democratic Party have asked the federal government to disclose what incentives it has promised to the Taiwan Semiconductor Manufacturing Company to get the company to set up shop in the US.
New restrictions on the use of American products, imposed by the Commerce Department on Chinese telecommunications equipment provider Huawei Technologies, have been described as arbitrary and pernicious by the company.
ANALYSIS The announcement by Taiwan Semiconductor Manufacturing Company on Friday that it will set up a plant in Arizona to manufacture chips means that it will now be easier for China's Huawei Technologies to obtain semiconductors from the company.
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