Taiwan adds two Chinese chips suppliers to trade blacklist

News Snapshot:

Chinese sales staff work at a Huawei smartphone showroom in Beijing on Saturday, January 30, 2021. Sales of smartphones by Chinese telecom giant Huawei plunged by up to 44% in 2020 as they were hit by U.S. sanctions on its suppliers, according to the research firm Canalys. Photo by Stephen Shaver/UPI | License Photo June 16 (UPI) -- China's tech company Huawei and SMIC, a contract chip manufacturer, have been added to Taiwan's trade blacklist. Taiwan put both of these companies on its strategic high-tech commodities entry list. Huawei and SMIC will now need to get export permits from suppliers...