GlobalWafers Expands Overseas Amid Tariff Fears: A Strategic Move for Taiwan’s Semiconductor Giant

GlobalWafers from Taiwan is enhancing its chip production capabilities abroad due to worries over potential tariffs. Doris Hsu, the CEO of the world's third biggest silicon wafer supplier, is leading the expansion of facilities in the US and Europe, while expressing apprehension about a possible 'special tariff'.

GlobalWafers is proactively expanding its production facilities abroad, foreseeing an increase in chip material tariffs. This highlights the increasing belief that reciprocal trade actions will interrupt the semiconductor supply chain in the near future.

The globe's third biggest supplier of silicon wafers is broadening its production facilities in six out of the nine nations it has operations in. This includes two manufacturing plants in the United States, one in Italy, and one in Denmark.

Doris Hsu, the CEO and chairwoman of GlobalWafers, expressed to Bloomberg Television her belief that not just in America, but in other nations as well, certain industries may face unique tariffs. She further suggested that these potential tariffs could be circumvented by moving production locally.

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TSMC, the biggest contract chip manufacturer globally, has officially opened its maiden factory in Japan.

Global governments are progressively seeing semiconductor technology as a matter of national security, particularly after chip deficits amid and post the Covid-19 pandemic severely impacted several sectors, notably auto production. The escalating geopolitical conflicts have further heightened the situation.