Business
GlobalWafers Expands Overseas to Dodge Possible Tariffs Amid Rising Trade Tensions
GlobalWafers from Taiwan is increasing its chip production capabilities abroad due to concerns about tariffs. The company, which is the third biggest silicon wafer supplier globally, is extending its facilities in the United States and Europe. CEO Doris Hsu has expressed worries about the potential imposition of a 'special tariff'.
GlobalWafers is proactively expanding its manufacturing capabilities abroad, foreseeing an increase in chip material tariffs. This highlights the increasing belief that reciprocal trade actions will disturb the semiconductor supply chain in the near future.
The third biggest supplier of silicon wafers globally is broadening its production facilities in six out of the nine nations it functions in, encompassing two factories in the United States, one in Italy, and one in Denmark.
GlobalWafers CEO and Chairwoman Doris Hsu shared with Bloomberg Television her prediction that unique industry tariffs may be implemented not only in the United States, but in other nations as well. She suggested that these potential tariffs could be circumvented by transitioning to domestic production.
Half past three
TSMC, the biggest contract chip manufacturer globally, has officially opened its first factory in Japan.
The global perspective on semiconductor technology has shifted towards a national security standpoint, largely due to chip scarcities that occurred during the Covid-19 pandemic. These shortages had debilitating effects on several sectors, most notably the auto industry. The growing geopolitical unrest has further amplified the importance of this issue.
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