Chip giant TSMC says industry could have ‘stabilising’ effect

HSINCHU: Taiwanese semiconductor giant TSMC said today its production of ever-smaller microchips will remain on the island, hopeful that the critical industry will have a “stabilising effect on global geopolitical conflicts”.

Alarm has spiked in recent months over the future of the semiconductor industry – the lifeblood of the global economy – if Taiwan were to be invaded by China, which considers the self-ruled island its own territory. Wei also said that an even smaller product – the 1.4-nanometre chip – will be manufactured “almost entirely in Taiwan”.

“I hope Taiwan’s semiconductor industry can do well to have a stabilising effect on global geopolitical conflict.”

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