GlobalWafers Expands Overseas Amid Tariff Fears: Taiwan’s Silicon Giant Bolsters Manufacturing in US and Europe

GlobalWafers, a Taiwanese company, is increasing its chip production capacity abroad due to concerns over potential tariffs. The company, which ranks third globally in silicon wafer supply, is extending its operations in the United States and Europe. CEO Doris Hsu has expressed worries regarding a possible 'special tariff'.

GlobalWafers is proactively expanding its manufacturing capabilities abroad in anticipation of increasing chip material tariffs, highlighting the mounting belief that reciprocal trade actions will cause disturbances in the semiconductor supply chain in the near future.

The third biggest silicon wafer producer globally is broadening its manufacturing operations in six out of the nine nations it has a presence in. This includes expanding two plants in the United States, one in Italy, and one in Denmark.

GlobalWafers' Chairwoman and CEO, Doris Hsu, expressed to Bloomberg Television that she anticipates certain industry-specific tariffs to be implemented not just in the United States, but in other nations as well. She further suggested that these potential tariffs could be circumvented through transitioning to domestic manufacturing.

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

Global governments are progressively seeing semiconductor technology as a matter of national security after chip deficiencies during and post the Covid-19 pandemic severely affected numerous sectors, notably automobile production. Additionally, escalating political conflicts have heightened the significance of this issue.