Tensions between the US and China are causing some manufacturers to discuss moving some of their supply chain away from Taiwan, although the pace is “incremental,” Reuters reported yesterday, citing MediaTek Inc (聯發科) chief executive officer Rick Tsai (蔡力行).
Some of the “very large [equipment manufacturers] will require their chip suppliers to have multiple sources, like from Taiwan and from US, or from Germany or from Europe,” Reuters quoted Tsai as saying on the sidelines of a media and analyst event the Taiwanese handset chip designer hosted in California on Friday.
“I think in those cases, we will have to find multiple sources for the same chip if the business warrants that,” Tsai said.
Photo: Ann Wang, Reuters
Reuters said MediaTek’s most advanced smartphone chips are made at Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) plants in Taiwan, with some older smartphone chips being made by GlobalFoundries Inc in the US and Singapore.
The company in July announced that it had formed a strategic partnership with Intel Corp to manufacture chips using the US company’s matured process technology.
With TSMC constructing a US$12 billion plant in Arizona, MediaTek would also be producing chips there when it begins production, Tsai said.
However, he cautioned that it was not realistic for the semiconductor industry to move completely away from Taiwan, which produces most of the world’s advanced semiconductors, Reuters said.
When an apartment comes up for rent in Germany’s big cities, hundreds of prospective tenants often queue down the street to view it, but the acute shortage of affordable housing is getting scant attention ahead of today’s snap general election. “Housing is one of the main problems for people, but nobody talks about it, nobody takes it seriously,” said Andreas Ibel, president of Build Europe, an association representing housing developers. Migration and the sluggish economy top the list of voters’ concerns, but analysts say housing policy fails to break through as returns on investment take time to register, making the
NOT TO WORRY: Some people are concerned funds might continue moving out of the country, but the central bank said financial account outflows are not unusual in Taiwan Taiwan’s outbound investments hit a new high last year due to investments made by contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) and other major manufacturers to boost global expansion, the central bank said on Thursday. The net increase in outbound investments last year reached a record US$21.05 billion, while the net increase in outbound investments by Taiwanese residents reached a record US$31.98 billion, central bank data showed. Chen Fei-wen (陳斐紋), deputy director of the central bank’s Department of Economic Research, said the increase was largely due to TSMC’s efforts to expand production in the US and Japan. Investments by Vanguard International
WARNING SHOT: The US president has threatened to impose 25 percent tariffs on all imported vehicles, and similar or higher duties on pharmaceuticals and semiconductors US President Donald Trump on Wednesday suggested that a trade deal with China was “possible” — a key target in the US leader’s tariffs policy. The US in 2020 had already agreed to “a great trade deal with China” and a new deal was “possible,” Trump said. Trump said he expected Chinese President Xi Jinping (習近平) to visit the US, without giving a timeline for his trip. Trump also said that he was talking to China about TikTok, as the US seeks to broker a sale of the popular app owned by Chinese firm ByteDance Ltd (字節跳動). Trump last week said that he had
STRUGGLING TO SURVIVE: The group is proposing a consortium of investors, with Tesla as the largest backer, and possibly a minority investment by Hon Hai Precision Nissan Motor Co shares jumped after the Financial Times reported that a high-level Japanese group has drawn up plans to seek investment from Elon Musk’s Tesla Inc to aid the struggling automaker. The group believes the electric vehicle (EV) maker is interested in acquiring Nissan’s plants in the US, the newspaper reported, citing people it did not identify. The proposal envisions a consortium of investors, with Tesla as the largest backer, but also includes the possibility of a minority investment by Hon Hai Precision Industry Co (鴻海精密) to prevent a full takeover by the Apple supplier, the report said. The group is