US President Donald Trump has asked the Chip industry to move more production to the United States. “Taiwan took the chip company away from us,” said Trump in the White House. “We want it back to the US. And if you don’t bring it back, we won’t be very happy,” he warned.
The American chip manufacturers such as Intel once laid the foundation of the industry. But above all the state -of -art -chips are now mainly produced in Taiwan -even if they are developed in the US. Industry experts attribute the change to the fact that the authorities have attracted the manufacturers for several decades of generous subsidies.
The great care in the West is that the range of smartphone ships would collapse, the Chinese government of Taiwan would have to scrape off.
Taiwan signals collaboration
According to his statements, the president of Taiwan, Lai Ching-Tee, promised a courtesy. The Taiwanese government is ready to build a resistant and diversified supply chain for semiconductors together with democratic partners such as the US, he told journalists.
Taipei will be closely exchanged with Washington, so that the US government of Taiwan understands an indispensable role in strengthening the American leadership role in the high-tech industry, Lai said. TSMC, the chip giant of the democratically governed island republic, did not comment on Trump’s statements when asked by DPA.
Trump does not like Bidens Chip subsidies
Trump’s predecessor Joe Biden had launched a subsidy program of nearly $ 40 billion, which was supposed to create stimuli for the settlement of Chipport in the United States. Europe followed with similar plans. Trump criticized the project in the election campaign as a waste of money and indicated that he would rather set rates instead.
“We had Intel, we had these great companies that did so well – and that was taken away and we want to go back to this case,” said Trump.
Intel has been trying to catch up with the Taiwanese market leader TSMC for years. Recently, company boss Pat Gelsinger had to take his hat after the catch -up. In Europe, Intel won the construction of a new factory in Magdeburg, for which state aid was promised in billions of accounts.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
