Business
GlobalWafers Expands Chip-Making Capacity Overseas Amid Tariff Concerns: A Strategic Approach to Protect Semiconductor Supply Chain
Taiwan's GlobalWafers is expanding its chip production capabilities internationally due to concerns over potential tariffs. The globe's number three supplier of silicon wafers is growing its manufacturing facilities in the US and Europe. The company's CEO, Doris Hsu, has expressed worries about a possible 'special tariff'.
GlobalWafers is proactively expanding its production abroad in preparation for potential increases in chip material tariffs, highlighting the escalating anticipation that reciprocal trade actions will interrupt the semiconductor supply chain in the near future.
The third biggest supplier of silicon wafers globally is broadening its production facilities in six out of the nine nations it operates in. This includes two manufacturing plants in the United States, one in Italy, and one in Denmark.
Doris Hsu, the chairwoman and CEO of GlobalWafers, expressed to Bloomberg Television her opinion that unique tariffs will likely be seen not just in America, but in several other nations within the industry. She further suggested that these potential tariffs could be circumvented through a transition to domestic manufacturing.
Half past three
TSMC, the largest contract chip manufacturer globally, has officially opened its first factory in Japan.
Global governments are progressively seeing semiconductor technology as a matter of national security, a perspective amplified by chip shortages during and post the Covid-19 pandemic that severely impacted numerous sectors, particularly auto production. The escalation of global political conflicts has only heightened this importance.
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