Business
Taiwan’s GlobalWafers Expands Overseas Chip-Making Capacity Amid Fears of Special Tariffs
GlobalWafers from Taiwan is increasing its chip manufacturing abilities abroad due to concerns over potential tariffs. The CEO Doris Hsu of the world's third biggest silicon wafer supplier has expressed worry about a 'special tariff' as the company expands its operations in the United States and Europe.
GlobalWafers is proactively expanding its manufacturing facilities abroad in response to the predicted increase in chip material tariffs. This highlights the escalating anticipation that reciprocal trade actions will cause disturbances in the semiconductor supply chain in the near future.
The third biggest global supplier of silicon wafers is broadening its manufacturing capacity in six out of the nine nations where it is based. This includes two facilities in the US, along with one each in Italy and Denmark.
GlobalWafers CEO, Doris Hsu, expressed her belief to Bloomberg Television that not just the U.S., but multiple other countries may impose specific industry tariffs. She further suggested that these potential tariffs could be bypassed by transitioning to domestic manufacturing.
Half past three
TSMC, the biggest contract chip manufacturer globally, has officially opened its first factory in Japan.
Global governments are starting to perceive semiconductor technology as a matter of national security due to the chip shortages that occurred during and post-Covid-19 pandemic, severely impacting numerous sectors, especially automobile production. The escalating political conflicts have further heightened the situation.
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