Business
Taiwan’s GlobalWafers Expands Chip-Making Capacity Overseas Amid Tariff Fears: An Inside Look at the Semiconductor Industry’s Global Strategy
GlobalWafers, based in Taiwan, is increasing its chip production capabilities abroad due to concerns about potential tariffs. This silicon wafer supplier, ranked third globally, is enlarging its facilities in both the United States and Europe. Its CEO, Doris Hsu, has expressed worry over a possible 'special tariff'.
GlobalWafers is proactively expanding its manufacturing capabilities abroad in preparation for increasing chip material tariffs, highlighting the escalating anticipation that reciprocal trade actions will interfere with the semiconductor supply chain in the future.
The third biggest silicon wafer supplier globally is broadening its manufacturing facilities in six out of its nine operational countries. These expansions include two plants in the United States, one in Italy, and one in Denmark.
GlobalWafers' Chairwoman and CEO, Doris Hsu, expressed to Bloomberg Television her belief that special tariffs may be implemented not just in the United States, but in several other nations within the industry. She further suggested that these potential tariffs could be circumvented through the transition to domestic production.
Half past three
TSMC, the biggest contract chip manufacturer globally, has officially opened its first factory in Japan.
Global governments are beginning to perceive semiconductor technology as a matter of national security, following the chip deficits during and post the Covid-19 pandemic which adversely impacted multiple sectors, notably automobile production. The escalating geopolitical discord has further intensified the situation.
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