Taiwan chip pioneer warns US plans will boost costs

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Taiwan chip pioneer warns US plans will boost costs
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U.S. government efforts to shift production of processor chips from Asia to the United States will double their cost and slow the spread of their use in phones, cars and other products.

Chang, 91, is regarded as the founder of the semiconductor industry that made Taiwan, with 22 million people, a global tech center.

China’s ruling Communist Party is spending billions of dollars to develop its own chip vendors and reduce reliance on imports. Washington has tried to slow that by restricting access to chips, manufacturing equipment and design technology on security grounds. The self-ruled island democracy split with the mainland in 1949 and never has been part of the People’s Republic of China. Beijing says Taiwan is obliged to unite with the mainland, by force if necessary. Xi’s government has flownU.S. policy is “to slow down China’s progress in chips,” Chang said. “I really have no quarrel with that. In fact, I might say, I support it.”

The United States accounts for about 11% of global chip manufacturing, according to Chang. He said that should be more than enough for military needs.

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