Taiwan asks US if it could chill out on the anti-China rhetoric
claimed that officials locked in discussions called out US Commerce Secretary Gina Raimondo, who apparently condemned American reliance on chip supplies from Taiwan as"untenable" and"unsafe." It cites, as usual, unnamed sources familiar with the matter.that the US could go into a"deep and immediate recession" and face greater security risks if it lost access to Taiwan's supply of semiconductors.
Taiwan is caught in a difficult position between China and the US. The island's semiconductor industry is a major contributor to its economy, and so vital that it can count on US help should China invade. But Washington is now trying to minimize its reliance on imported chips by building up its own domestic manufacturing capacity through CHIPS Act funding.
Taiwanese semiconductor giant TSMC is playing a part in this by investing in two large new fabrication plants in Arizona. However these are still expected to provide just a tiny fraction of the output from TSMC's total manufacturing capacity in Taiwan.with regards to the conditions that Washington is attaching to any subsidies made available under the CHIPS Act funding, which may require it to share profits and disclose operational details.
Taiwan has likewise been caught in the ongoing chip war between the US and China, through which Washington has sought to cut off Beijing's access to cutting-edge technologies, supposedly because they may find their way into the Chinese military.
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