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 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’

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 flags of Taiwan and chip maker Taiwan Semiconductor Manufacturing Co are displayed next to the company’s headquarters in Hsinchu, Taiwan. Photo: Reuters
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