GlobalWafers Expands Overseas Amid Tariff Fears: Taiwan-Based Chip-Maker Boosts Capacity in US, Europe to Mitigate Potential Trade Disruptions

GlobalWafers from Taiwan is increasing its chip production capabilities abroad due to concerns over potential tariffs. The company, which ranks third globally in silicon wafer supply, is extending its manufacturing facilities in both the US and Europe. Their CEO, Doris Hsu, has expressed worries about the imposition of a 'special tariff'.

GlobalWafers is proactively expanding its manufacturing operations abroad due to the predicted increase in chip material tariffs. This highlights the escalating belief that reciprocal trade actions may cause disturbances in the semiconductor supply chain in the near future.

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

Doris Hsu, the Chairwoman and CEO of GlobalWafers, expressed to Bloomberg Television her belief that special industry tariffs might be implemented not just in the US but in other nations as well. She further suggested that a shift to domestic production could potentially circumvent these tariffs.

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

Global governments are now treating semiconductor technology as a matter of national security due to chip shortages experienced during the Covid-19 pandemic, which severely impacted numerous sectors, such as the automobile industry. The increase in geopolitical conflicts has further escalated the situation.