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Taiwan’s chip output soars 22% to more than US$164 billion in 2024, “driven by AI and gradual economic recovery”
Bringing Taiwan to the World and the World to Taiwan
“We should accelerate research and development to ensure our standing as an indispensable member of the global semiconductor supply chain,” Hou said, according to Bloomberg news agency. The incoming Republican president went on to suggest that he could leverage tariffs, not subsidies, to convince companies like TSMC to build and expand chipmaking facilities on US soil, Bloomberg reported. Surging demand for AI is having a knock-on effect across the entire semiconductor supply chain in Taiwan, Wayne Lin (林偉智), executive vice president at Witology Markettrend Research Institute (智璞產業趨勢研究所), told AFP.
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