UPDATE 2-U.S. judge rejects Huawei challenge to federal law restricting its business [Reuters]
Taiwan Semiconductor Manufacturing Company Ltd. (TSM)
Last taiwan semiconductor manufacturing company ltd. earnings: 4/17 04:00 pm
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Source: Reuters
U.S. judge rejects Huawei challenge to federal law restricting its business (Reuters) - A federal judge in Texas on Tuesday rejected Chinese telecommunications equipment maker Huawei Technologies Co Ltd’s constitutional challenge to a U.S. law that restricted its ability to do business with federal agencies and their contractors. In a 57-page decision, U.S. District Judge Amos Mazzant ruled in favor of the United States, concluding that Congress acted within its powers by including the restriction in the National Defense Authorization Act, which also targeted Chinese company ZTE Corp ( 000063.SZ ). A Huawei spokesman said the company was disappointed in the loss. “While we understand the paramount significance of national security, the approach taken by the U.S. Government in the 2019 NDAA provides a false sense of protection while undermining Huawei’s constitutional rights. We will continue to consider further legal options,” the spokesman said. The government was pleased with the
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News
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TSM
Earnings
- 10/18/24 - Beat
TSM
Sec Filings
- 11/14/24 - Form 6-K
- 11/12/24 - Form 6-K
- 11/8/24 - Form 6-K
- TSM's page on the SEC website