Rising Taiwan- and U.S.-China tensions are causing “more serious” challenges for the semiconductor industry, the chairman of Taiwanese chipmaker TSMC said on Wednesday.
While the chips sector is already bracing for waning demand as red-hot inflation squeezes spending, Taiwan faces a tougher situation – sandwiched between its largest export market China and its main international backer and arms supplier, the United States – especially as Beijing steps up military pressure to force Taipei to accept Chinese sovereignty claims.
Speaking at the Taiwan Semiconductor Industry Association’s annual convention, TSMC Chairman Mark Liu said: “The U.S.-China trade conflict and the escalation of cross-Strait tensions have brought more serious challenges to all industries, including the semiconductor industry.”
Liu said he looked forward to Taiwan’s industry, government and academia developing “more concrete, constructive measures” on industrial policies related to innovation, research, talent education and retention “to maintain Taiwan’s most critical semiconductor industry advantages”.
While Liu did not make direct mention of it, the sweeping set of export controls announced by the United States this month, aimed at slowing China’s progress in advanced chip manufacturing, is expected to also impact Taiwanese chipmakers.
The new rules require U.S. companies to cease supplying Chinese chipmakers with equipment to make relatively advanced chips, though Washington has granted some non-Chinese companies operating in China one-year licenses.”
MacDailyNews Take: Yup.
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That’s such a relief, considering that if the semi conductor industry posed a serious challenge for China, Taiwan and Apple’s home nation it would most likely be the challenge of peace, and we all know how adverse those souper pooper powers are to it.
The danger China represents to the world can be summed up in two words, Hong Kong.
The greatest existential threat to life as we know it can be described in one word. That word begins with C but isn’t referring to the weather. The word is China.
No to worry, we have dementia Joe and the Ho to handle it, thanks to libturd stupidity
re SAM
^ this isn’t “free speech,” it’s racist and disgraceful radical right wing hate speech, and why I will no longer support a site that coddles it.
Well, I can’t speak for everyone, but Kamala’s words–poetry really–provide great comfort and meaning to me in these hard times. She speaks through the mire as she’s in mire herself….it’s easy, then, to say I ad-mire her.
We must challenge, the challenged, we must find the challenged and challenging them to be challenged is a challenge in of itself you see.. all in the name of EQUITY! LETS GO BRANDON!
“racist radical right wing hate speech”
Yawn. No, please don’t support a site that coddles it. Don’t post in its comment section either. Please go far away! Or, I suppose, you are welcome to stay to enjoy the content (and all the posts that are so INCLUSIVE of a wide variety of opinions).
Apparently you are too stupid to think for yourself and are just regurgitating BS or you are just too stupid to know what racism is?
So, which stupidity is it?
Nothing racist in my comment, nothing.
But, Americans do HATE stupidity and the damage done to the country by libturd stupidity.
Please, do make good on your promise and go away, perhaps communist China.
Show show us all where the racism was displayed here; except in your own feeble mind. Moron alert for “What is going on….”
Oh, I thought that the climate was the greatest existential threat. Or is it racism? How about climate change brought upon us all by racist Chinese? There are just so many existential threats these days. All of THOSE threats aside, yes, I agree that Commie China is a HUGE international threat.
A threat to all life? I beg to differ. You can get China and all the souper pooper powers to set off all their nukes at once and while it might just do the trick for the human species and a few others, it still would not be enough to destroy all life on Earth. The remaining species would do just fine without us, just like the Gingko plant near the epicentre of a nuclear blast from WWII.
Wow, the most worthless nonsense I’ve read in months.