Taiwan Investigates Firms Linked to Huawei's Chinese Suppliers

Taiwan is investigating four Taiwanese companies to determine if they violated US sanctions or Taiwan's investment rules by providing services to Chinese companies reportedly assisting Huawei in building chip factories. The investigation will focus on whether their business activities in China align with the approvals granted by the Ministry of Economic Affairs. If found guilty, each company could face a maximum fine of 25 million New Taiwan dollars ($777,000). The ministry will also examine whether the companies violated any US sanctions. The companies deny any wrongdoing and claim to have been involved in approved wastewater management, interior decoration, or construction work. Huawei, a symbol of the US-China tech rivalry, has faced restrictions on access to advanced chips and chipmaking technology due to spying concerns.