Globalization is over, and it'll cost you, according to TSMC founder
Globalization is over, at least for the chip industry, and this will mean higher chip prices, according to semiconductor contract manufacturer giant TSMC. Despite this, the company's founder said he supports US actions to slow the development of China’s chip technology.
"There's no question in my mind that, in the chip sector, globalization is dead. Free trade is not quite that dead, but it's in danger," Chang said. China’s semiconductor industry still lags behind that of Taiwan by about five or six years in terms of technology, according to Chang.indicating the island nation controlled 48 per cent of the foundry market and had 61 per cent of the global capacity for making chips with a 16nm process node or more advanced.
, in order to prevent them from falling into China‘s hands in the event that Beijing invaded in a move to reunite Taiwan with the mainland.
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