Reported about 1 year ago
Taiwan's semiconductor industry is vital due to its robust industry chain and stable global market share, with the Deputy Secretary of State Campbell warning that any interruption in Taiwan's semiconductor supply chain and commercial flow through the Indo-Pacific region could potentially trigger a global recession. Campbell emphasized the strategic importance of Taiwan in the Asia-Pacific region and the need for the Biden administration to strengthen Taiwan's deterrence capabilities amidst escalating tensions with China.
Source: YAHOO