Taiwan’s “key position” in semiconductor manufacturing will not be shaken and manufacturing on the island is the most efficient way to operate, the Economy Ministry said on Friday before the US Congress approved the through a major new chip law.
The US House of Representatives passed sweeping legislation on Thursday aimed at subsidizing the domestic semiconductor industry as it competes with other Chinese and foreign manufacturers.
Taiwan is a major chip manufacturer, with headquarters of Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world’s largest contract chipmaker, is also investing $12 billion (about Rs 95,000) in a new factory in Arizona.
The Ministry of Economy noted that it was “happy to see” Taiwanese companies being able to access “resources on the ground” as they operate around the world and establish good relationships in their supply chains. USA.
At the same time, Taiwan is an advanced global semiconductor manufacturing hub with the most flexible and competitive production model.
“After 50 years of continuous innovation, investment and generations of talent, our country’s semiconductor manufacturing efficiency, supply chain integrity, and energy innovation are at the top of the world, and Taiwan’s key position in semiconductors will not be shaken.”
Taiwan has always been a partner of the world, as shown in its efforts to alleviate problems in the automotive chip supply chain, and the “made in Taiwan” semiconductor manufacturing model is how it works. most effective and reliable.
“Whether in the past, present or future, Taiwan will continue to serve as an indispensable partner in the global supply chain.”
Taiwan has wanted to show the United States, its most important international backer at a time of rising military tension between Taipei and Beijing, that it is a trusted friend in the wake of the chip crisis. global impact on automotive manufacturing and consumer electronics.
But the Taiwanese government is also determined to keep most of its advanced chip production in the country.
China has been lobbying against the US semiconductor bill, calling it reminiscent of a “Cold War mentality” and “going against the common will of the people” in both countries.
© Thomson Reuters 2022
