GlobalWafers Expands Overseas Amid Tariff Concerns: Taiwan’s Silicon Giant Bolsters US and European Operations Amid Trade Tensions

GlobalWafers of Taiwan is increasing its chip production capacity abroad due to worries over potential tariffs. The global third-ranking silicon wafer supplier is broadening its production facilities in the United States and Europe. The company's CEO, Doris Hsu, has expressed apprehensions over a possible 'special tariff'.

GlobalWafers is proactively expanding its production facilities abroad in response to predicted increases in chip material tariffs, highlighting the rising belief that reciprocal trade actions will interfere with the semiconductor supply chain in the near future.

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

GlobalWafers CEO and Chairwoman, Doris Hsu, expressed to Bloomberg Television her belief that exclusive industry tariffs may be introduced not just in the US, but in other nations as well. She suggested that such potential tariffs could be bypassed by transitioning to domestic production.

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

Global governments are progressively seeing semiconductor technology as a matter of national security, especially after chip shortages during the Covid-19 pandemic severely impacted various sectors, such as automobile production. The mounting geopolitical conflicts have further heightened the situation.