Business
Taiwan’s GlobalWafers Expands Overseas Amid Tariff Concerns: A Strategic Move for Semiconductor Supply Chain Resilience
GlobalWafers, a Taiwanese firm, is constructing chip-producing facilities abroad due to worries over potential tariffs. This silicon wafer supplier, which ranks third globally, is broadening its manufacturing bases in America and Europe. Their CEO, Doris Hsu, has expressed apprehension over possible 'special tariffs'.
GlobalWafers is proactively expanding its production abroad in preparation for likely increases in chip material tariffs. This highlights the increasing belief that reciprocal trade actions may cause disturbances in the semiconductor supply chain in the future.
The third biggest silicon wafer supplier globally is broadening its production facilities in six out of the nine nations it has operations in. This includes two plants in the United States, along with one each in Italy and Denmark.
GlobalWafers CEO and Chairwoman, Doris Hsu, expressed to Bloomberg Television her belief that certain countries, including the U.S., might impose unique tariffs in the industry. She further suggested that such potential tariffs could be circumvented through transitioning to domestic production.
Half past three
TSMC, the world's biggest contract chip manufacturer, has officially opened its inaugural factory in Japan.
The global viewpoint on semiconductor technology has shifted towards a national security perspective due to chip shortages experienced during and post Covid-19 pandemic. These shortages significantly impacted numerous sectors, particularly the automotive industry. This perspective is further intensified by escalating geopolitical conflicts.
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