Posted By: Tbar
Taiwan 'Matters Far More To The World.... - 08/14/22 04:49 PM
Taiwan 'matters far more to the world economy' than many people realize, economist explains
Quote
Leather added that 92% of the most advanced semiconductors are made by TSMC in Taiwan, making its dominance at the high end even greater. So if Taiwanese semiconductor supply were disrupted for a prolonged period, electronics and automotive manufacturers would struggle to find alternative suppliers.
Taiwan’s autonomy has become a key geopolitical interest for the U.S. due to the island's dominance in the global market for microchips. Semiconductors, which go in everything from smartphones to cars, have become an integral piece to our daily lives.
In a 2021 report from the Biden Administration, it was explained that "the United States is heavily dependent on a single company – TSMC – for producing its leading-edge chips." Also in the report, "the lack of domestic production capability also puts at risk the ability to supply current and future national security and critical infrastructure needs."............
https://finance.yahoo.com/news/taiwan-world-economy-economist-explains-123545383.html?.tsrc=372
Taiwan’s autonomy has become a key geopolitical interest for the U.S. due to the island's dominance in the global market for microchips. Semiconductors, which go in everything from smartphones to cars, have become an integral piece to our daily lives.
In a 2021 report from the Biden Administration, it was explained that "the United States is heavily dependent on a single company – TSMC – for producing its leading-edge chips." Also in the report, "the lack of domestic production capability also puts at risk the ability to supply current and future national security and critical infrastructure needs."............
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