The Strategist

Taiwan: Current situation will have a negative impact on semiconductor market



08/09/2022 - 11:08



According to Taiwan's official ambassador to France Wu Chih-chung, rising tension in the Taiwan Strait could complicate the global semiconductor market. He made this statement on Monday during an appearance on the BFM Business TV channel.



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"The production chain for semiconductors is a complicated one; if a dispute impacts manufacture of even one part of this technologically sophisticated product, the system as a whole will cease to operate. This would be a significant issue for the entire world market," Wu Chih-chung stated.

The world's biggest contract maker of wire chips is Taiwan's TSMC.

TSMC CEO Mark Liu and U.S. House Speaker Nancy Pelosi had a meeting while Pelosi was in Taiwan on August 2–3. According to reports, Pelosi and the CEO of TSMC spoke about implementation of a bill on measures to promote semiconductor manufacturers that was recently passed by the US Congress and allots $52 billion dollars to expand their production in the US.

source: bfmtv.com

 




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