GlobalWafers Expands Overseas Amid Concerns of Special Tariffs: Taiwan’s Silicon Giant Bolsters Chip-Making Capacity in US and Europe

GlobalWafers, based in Taiwan, is increasing its chip-manufacturing capabilities internationally due to worries about potential tariffs. The company, which is the third biggest supplier of silicon wafers globally, is enlarging its facilities in both the US and Europe. The firm's CEO, Doris Hsu, has expressed apprehension about the possibility of a 'special tariff'.

GlobalWafers is proactively expanding its manufacturing operations abroad in light of potential escalating chip material tariffs, highlighting the increasing belief that reciprocal trade actions will cause disturbances in the semiconductor supply chain in the near future.

The third biggest supplier of silicon wafers globally is broadening its manufacturing facilities in six out of the nine nations it conducts business in. This includes two facilities in the United States, along with one each in Italy and Denmark.

Doris Hsu, the CEO and Chairwoman of GlobalWafers, expressed to Bloomberg Television her belief that special tariffs might be imposed not just in the U.S., but in several other nations as well, within the industry. She further suggested that these potential tariffs could be circumvented by transitioning to domestic manufacturing.

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TSMC, the world's biggest contract chip manufacturer, has officially opened its first facility in Japan.

Global administrations are progressively considering semiconductor technology as a matter of national security, due to chip deficits that occurred during and post the Covid-19 outbreak, severely affecting several sectors, notably the automobile industry. The escalation of geopolitical conflicts has further amplified the importance.