by Global companies from Apple to Intel and Tesla depend on Taiwan to produce smartphone and computer processors, and A.I. chips for autonomous driving. And Taiwan’s chip dominance is only growing stronger—chipmakers in the country are set to increase their global market share to 66% this year. That means that any Chinese move against Taiwan in retaliation for U.S. acknowledgement, and the resulting international fallout, would severely disrupt the global chip technology supply chain. Mark Liu, the chairman of TSMC, said in an interview with CNN this week that the company’s sophisticated manufacturing operations rely on real-time global links with the rest of the world. Any military action or move to take TSMC by force would render its factories inoperable and create “economic turmoil”
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Global companies from Apple to Intel and Tesla depend on Taiwan to produce smartphone and computer processors, and A.I. chips for autonomous driving. And Taiwan’s chip dominance is only growing stronger—chipmakers in the country are set to increase their global market share to 66% this year.That means that any Chinese move against Taiwan in retaliation for U.S. acknowledgement, and the resulting international fallout, would severely disrupt the global chip technology supply chain.
Mark Liu, the chairman of TSMC, said in an interview with CNN this week that the company’s sophisticated manufacturing operations rely on real-time global links with the rest of the world. Any military action or move to take TSMC by force would render its factories inoperable and create “economic turmoil” whereby most of the world’s advanced chip components will disappear, Liu said.…
The US is also heavily dependent on China for pharma, rare earths... the list goes on. Have the people in charge thought this trough? China is much more important to the US and world economies than Russia.