Governments race to build semiconductor production to avoid dependence on Taiwan
As a global chip shortage hobbles the automotive and electronics industries, the US, EU and Japan are contemplating spending billions on cutting-edge chip fabrication plants
27 March 2021 - 10:28
Munich/Paris — Governments around the world are subsidising the construction of semiconductor factories as a chip shortage hobbles the automotive and electronics industries and highlights the world’s singular dependence on Taiwan for vital supplies.
But beyond a consensus that something must be done to diversify supplies, divisions over strategy are emerging along with concerns that free-spending governments could spur over-building in an industry that has historically been highly cyclical...
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