Times Magazine Interview with Lai Ching-te Reveals Taiwan's Key Role in Global Semiconductor Industry as 'Silicon Shield'

Reported 7 months ago

A recent interview in Times magazine featuring Lai Ching-te highlighted Taiwan's solid position in the global semiconductor industry, with references to his past achievements in persuading TSMC to establish a $40 billion wafer fab in Tainan and produce cutting-edge 3-nanometer chips for international giants like Apple and Qualcomm. The interview also emphasized Taiwan's importance in global supply chains and the significant impact of any conflict on China. Vice President Xiao Meiqin further underlined Taiwan's production of 90% of the world's most advanced semiconductors. The article discusses the term 'Silicon Shield' for Taiwan's semiconductor industry, noting the high costs of conflict for China and the US's support for Taiwan with high-tech weaponry to counter potential Chinese threats. Lai also stressed the vital role of semiconductors in the era of smart technology, while addressing China's economic challenges and declining investments in Taiwan. Opposition parties in Taiwan support restarting negotiations on the 'Cross-Strait Service Trade Agreement,' but Lai dismissed this as outdated due to substantial economic differences between Taiwan and China.

Source: YAHOO

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