GlobalWafers Expands Overseas Amid Tariff Concerns: Taiwan’s Chip Giant Bolsters Production in US and Europe

GlobalWafers from Taiwan is increasing its overseas chip production due to concerns about potential tariffs. The company, which is the third biggest silicon wafer supplier in the world, is extending its manufacturing facilities in the US and Europe. CEO Doris Hsu has expressed worries about a possible 'special tariff'.

GlobalWafers is proactively expanding its production abroad in response to the projected increase in duties on chip materials. This highlights the increasing belief that reciprocal trade actions will interfere with the semiconductor supply chain in the near future.

The third biggest global supplier of silicon wafers is broadening its industrial operations in six out of the nine nations it is present in. This includes enhancement of two manufacturing plants in the United States, and one each in Italy and Denmark.

GlobalWafers CEO and Chairwoman, Doris Hsu, shared with Bloomberg Television her belief that unique industry tariffs will likely be implemented not only in the United States but also in various other nations. She further suggested that moving towards domestic production could help circumvent these potential tariffs.

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

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