Business
GlobalWafers Expands Overseas Operations Amid Fears of Tariff Disruptions to Semiconductor Supply Chain
GlobalWafers from Taiwan is enhancing its chip production capabilities internationally due to concerns about tariffs. The leading silicon wafer supplier, ranking third globally, is growing its manufacturing presence in America and Europe. CEO Doris Hsu has expressed worry about potential 'special tariffs'.
GlobalWafers is proactively expanding its manufacturing abroad in view of potential increments in chip materials tariffs, highlighting increasing predictions that reciprocal trade actions will interrupt the semiconductor supply chain in the foreseeable future.
The third biggest global supplier of silicon wafers is broadening its manufacturing capabilities in six out of the nine nations it functions in, which involves two facilities in the US, along with one each in Italy and Denmark.
Doris Hsu, the CEO and Chairwoman of GlobalWafers, expressed to Bloomberg Television her conviction that special industry tariffs will be imposed not just in the United States, but in other nations as well. She suggested that the possible solution to circumvent these potential tariffs could be by transitioning to domestic manufacturing.
Half past three
The world's leading contract chip manufacturer, TSMC, has opened its inaugural facility in Japan.
The perspective of global governments towards semiconductor technology has shifted towards a national security perspective, a change triggered by chip shortages during the Covid-19 pandemic that severely impacted various sectors, most notably car production. Heightened geopolitical conflicts have further increased the importance of this issue.
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