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Taiwan said, if we are not safe, there will be no global supply of semiconductors

Taiwan, the hub of semiconductor manufacturing globally, says that if it is safe, then only the supply of semiconductors will remain intact. Taiwan’s Economic Affairs Minister Wang Mei Hua, who visited the US, said that if Taiwan remains safe, then only the global supply of semiconductors will be protected.

In the past few months, China has increased military pressure on Taiwan. Taiwan is getting US support. America has also supplied him with weapons. of Reuters Report Wang was quoted as saying that Taiwan wants to increase mutual cooperation with the US to maintain the supply chain. He said that Taiwan has an important role in advanced technology. If there is interference from China in Taiwan, then it will also affect China. He said that if Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker, is taken over by military force, it will stop its operations.

US Secretary of State Antony Blinken has said that if Taiwan suffers, it will have a very bad effect on the global economy. China and Taiwan have disputed for many years. Taiwan is also angered by Chinese companies’ attempts to wrongfully acquire the semiconductor industry’s talent and technology from Taiwan. China has also increased its military exercises near Taiwan in the past few months. China’s goal is to annex Taiwan. Taiwan is supported internationally by the US. Recently, US Parliament Speaker Nancy Pelosi also visited Taiwan despite China’s opposition.

Under the Chips and Science Act passed in the US to promote the semiconductor industry, $ 52 billion in grants and incentives will be given to companies making semiconductors. Along with this, 25 percent tax credit will also be available for setting up plants in the US. A provision of about $ 200 billion has also been made in this act to help research in the next decade. In the past few months, China has increased investment in computer chips. America too semiconductor It is trying to increase its production and for this technology partnerships are being done with Japan, Taiwan and South Korea.

(This news has not been edited by digitnews team. It has been published directly from Syndicate feed.)

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