COLD WAR II: Taiwan’s TSMC joins American chip coalition in another blow to China’s self-sufficiency drive.
While ostensibly created for lobbying purposes in the US, the coalition showcases US influence over the globalised semiconductor supply chain, and is likely to complicate Chinese government efforts to reduce the country’s reliance on US technologies, analysts said. China’s chip self-sufficiency ambitions “continue to face headwinds from surging efforts in America to reshore and ring-fence … Read more