The flags of Taiwan and chip maker Taiwan Semiconductor Manufacturing Co are displayed next to the company’s headquarters in Hsinchu, Taiwan. Photo: Reuters
The world is dangerously dependent on Taiwan for semiconductors
- Taiwan’s role in the world economy largely existed below the radar, until it came to recent prominence as the car industry suffered shortfalls in chips
- By dominating the outsourcing of chip production, Taiwan is potentially ‘the most critical single point of failure in the entire semiconductor value chain’
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The flags of Taiwan and chip maker Taiwan Semiconductor Manufacturing Co are displayed next to the company’s headquarters in Hsinchu, Taiwan. Photo: Reuters
