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Taiwan says it is not worried about EU chip production Taiwan says it is not worried about EU chip production
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Taiwan says it is not worried about EU chip production
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Old 29th April 2021, 04:35   #1
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Default Taiwan says it is not worried about EU chip production

We will still make the high tech stuff

Taiwan Economy Minister Wang Mei-hua on Wednesday played down the prospect of Taiwan tech firms making advanced semiconductors in the European Union, noting TSMC has insisted it will focus its most advanced technology on the island.

Wang's comments come amid overtures from the EU to persuade a global chipmaker to build a major fabrication plant on EU territory that would help the European Commission achieve a strategic goal of securing the most advanced chip production technology over the next decade.

Speaking to reporters, Wang said that TSMC has said repeatedly that the most advanced technology will definitely be (produced) mainly in Taiwan.

"As for how Taiwan and the EU can cooperate, companies have their arrangements and considerations, and it can be further discussed."

The European Commissioner responsible for the EU's internal market, Thierry Breton, is scheduled to hold discussions with the chief executive of US-based Intel and the president of TSMC's Europe division, Maria Marced, on Friday.

Sources in Brussels say Breton is keener to reel in TSMC, which is widely regarded as the undisputed industry leader and has a better command of the most advanced manufacturing processes.

Breton's push for technology 'sovereignty' for the EU comes as a surge in demand for everything from consumer electronics to cars has disrupted global supply chains and exposed the continent's reliance on chips made in Asia.

https://fudzilla.com/news/pc-hardwar...-eu-production
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