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TSMC, Other Taiwanese Chip Companies Complying With Russia Export Controls Amid Ukraine Attack

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TSMC, Other Taiwanese Chip Companies Complying With Russia Export Controls Amid Ukraine Attack

Taiwanese semiconductor companies are complying with export controls imposed by the government on Russia as part of sanctions over Moscow’s invasion of Ukraine, Taiwan’s economic ministry said on Sunday.

Taiwan, which announced Friday that it will join international sanctions against Russia, is a major chipmaker with the world’s largest contract chipmaker and Asia’s most valuable listed company, TSMC.

The economy ministry said it was following the Wassenaar Arrangement on Export Controls of Arms and Dual-Use Goods and Technologies signed by 42 countries in 1996 to rigorously test products destined for Russia.

“Domestic semiconductor manufacturers have also indicated that they will comply with the law and closely cooperate with government measures,” she added, without elaborating.

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TSMC said last week that it would comply with all export controls. She declined to comment further on Sunday.

Taiwan, which China claims its own territory and is therefore excluded from most international institutions and agreements, is not a signatory to the Wassenaar Arrangement.

But the government is happy to show that it is a responsible member of the international community by taking measures such as UN sanctions against North Korea for its missile and nuclear tests.

Taiwan’s exports to Russia are negligible.

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The Taiwanese government said Saturday that it expects the war in Ukraine to have little impact on the supply of a key raw material for semiconductors.

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SpiceJet announces 8 new flights to connect Jaipur with Varanasi, Amritsar and Ahmedabad

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SpiceJet announces 8 new flights to connect Jaipur with Varanasi, Amritsar and Ahmedabad

SpiceJet expands its domestic network with 8 new flights that will connect Jaipur with Varanasi, Amritsar and Ahmedabad and also link Ahmedabad with Pune.

SpiceJet is further expanding its domestic network with the launch of eight new flights starting November 15.

In the statement released on Wednesday, the airline announced that these new routes will connect Jaipur with Varanasi, Amritsar and Ahmedabad, while also linking Ahmedabad with Pune. This expansion follows the recent launch of 32 new flights in October 2024, including two international flights connecting Delhi with Phuket.

Last month, SpiceJet also commenced UDAN flights linking Shivamogga in Karnataka with Chennai and Hyderabad, and introduced double daily flights between Chennai and Kochi, enhancing connectivity across key regional and metropolitan cities.

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“We are excited to announce the launch of new flights from Jaipur to Varanasi, Amritsar, and Ahmedabad, as well as from Ahmedabad to Pune, providing our passengers with greater flexibility and convenience,” SpiceJet Chief Business Officer Debojo Maharshi said.

“These new flights reflect our commitment to supporting passenger demand across tier-II cities and beyond. With our expanded winter schedule, including international and UDAN routes, we aim to provide our customers with greater convenience, affordability, and seamless travel experiences,” Maharshi added.

SpiceJet will deploy its 78-seater Q400 aircraft in these sectors. Bookings for the new flights are now open and tickets are available at the website of the airline, SpiceJet’s mobile app and through online travel portals and travel agents.

On Monday, the airline received a significant boost, with Acuite Ratings & Research Limited upgrading its long-term rating by four notches to ‘B ‘ and its short-term rating to A4. The rating agency has also assigned a ‘Stable’ outlook to the airline.

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