'Taiwan To Probe 4 Firms Accused Of Helping Huawei Build Chip Plants' - Nikkei
Portfolio Pulse from Benzinga Newsdesk
Taiwan is set to investigate four companies accused of assisting Huawei in building chip plants. This comes amidst the ongoing crackdown on Huawei due to security concerns.
October 04, 2023 | 4:48 pm
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NEGATIVE IMPACT
The investigation into Taiwanese companies could potentially impact the overall Taiwanese market, represented by EWT.
The investigation into these companies could lead to regulatory actions that may negatively impact the Taiwanese market. As EWT represents the Taiwanese market, it could potentially be affected.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
The ongoing crackdown on Huawei could potentially impact the Chinese market, represented by FXI.
The ongoing crackdown on Huawei, a major Chinese company, could potentially impact the overall Chinese market. As FXI represents the Chinese market, it could potentially be affected.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 60
NEGATIVE IMPACT
The SPY, representing the US market, could potentially be impacted due to the ongoing geopolitical tensions between the US and China.
The ongoing geopolitical tensions between the US and China, particularly over issues like Huawei, could potentially impact the US market. As SPY represents the US market, it could potentially be affected.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50