Taiwan-China, U.S.-China tensions 'serious' challenge for chip industry, TSMC says

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HSINCHU, Taiwan : Rising Taiwan-China and U.S.-China tensions have brought 'more serious' challenges for the semiconductor industry, the chairman of Taiwanese chipmaker TSMC said on Wednesday.Taiwan is a major producer of chips used in everything from cars, smartphones to data centres and fighter jets, wh

HSINCHU, Taiwan : Rising Taiwan-China and U.S.-China tensions have brought"more serious" challenges for the semiconductor industry, the chairman of Taiwanese chipmaker TSMC said on Wednesday.

Speaking at the Taiwan Semiconductor Industry Association's annual convention, TSMC Chairman Mark Liu said:"The U.S.-China trade conflict and the escalation of cross-Strait tensions have brought more serious challenges to all industries, including the semiconductor industry." Liu said he looked forward to Taiwan's industry, government and academia developing"more concrete, constructive measures" on industrial policies related to innovation, research, talent education and retention"to maintain Taiwan's most critical semiconductor industry advantages".

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politics get in way of prosperity.

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