Taiwan’s GlobalWafers Expands Overseas Chip-Making Capacity Amid Fears of Rising Tariffs: A Strategic Move in the Global Semiconductor Landscape

GlobalWafers of Taiwan is enhancing its chip production capabilities abroad due to worries about potential tariffs. The company, which ranks third globally in silicon wafer supply, is broadening its manufacturing base in the United States and Europe. CEO Doris Hsu has expressed apprehension about the possibility of a 'special tariff'.

GlobalWafers is proactively expanding its production abroad in response to predicted increases in chip material tariffs. This highlights the prevalent belief that reciprocal trade actions will cause interruptions in the semiconductor supply chain in the near future.

The third biggest producer of silicon wafers globally is broadening its production facilities in six out of the nine nations it has operations in. This includes two factories in America, one in Italy, and another in Denmark.

GlobalWafers' chairwoman and CEO, Doris Hsu, expressed her belief to Bloomberg Television that not just in the United States, but in other nations as well, special industry tariffs may be implemented. She further suggested that these potential tariffs could be circumvented by transitioning to domestic production.

Half past three

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

Global administrations are progressively perceiving semiconductor technology as a matter of national security in the wake of chip deficiencies during and post the Covid-19 pandemic, which severely impacted numerous sectors, notably the automobile industry. The escalating geopolitical conflicts have further amplified the situation.