GlobalWafers Expands Overseas Amid Rising Tariff Fears: A Strategic Response to Disruptions in the Semiconductor Supply Chain

GlobalWafers from Taiwan is increasing its chip production capabilities abroad due to concerns about tariffs. The company, which is the third biggest supplier of silicon wafers globally, is developing its facilities in the US and Europe. The firm's CEO, Doris Hsu, has expressed worry over a potential 'special tariff'.

GlobalWafers is proactively expanding its manufacturing base abroad in preparation for potential increases in chip material tariffs. This highlights the escalating belief that reciprocal trade actions could interfere with the semiconductor supply chain in the near future.

The third biggest silicon wafer supplier globally is broadening its operations in six out of the nine nations it functions in. This includes two manufacturing facilities in the United States, one in Italy, and another in Denmark.

GlobalWafers' Chairwoman and CEO, Doris Hsu, shared with Bloomberg Television her belief that specific industry tariffs will be implemented not just in the U.S. but in other nations as well. She also suggested that such potential tariffs could be circumvented by transitioning to domestic production.

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

Global governments are progressively seeing semiconductor technology as a matter of national security in the aftermath of chip shortages that occurred during the Covid-19 pandemic. These shortages had a severe impact on numerous sectors, particularly the automobile industry. The situation is further intensified by escalating geopolitical conflicts.