Taiwanese chip maker TSMC warns US-China deleveraging will drive up costs

//Taiwanese chip maker TSMC warns US-China deleveraging will drive up costs

Taiwanese chip maker TSMC warns US-China deleveraging will drive up costs

The deleveraging of US-China supply chains and protectionism on both sides of the Pacific will only drive up costs and limit the flow of ideas, the chairman of Taiwan Semiconductor Manufacturing Co (TSMC) said on Wednesday.The Trump administration has limited supplies to major Chinese tech firms like Huawei Technologies, viewing them as a security threat, and is encouraging US factories in mainland China to move home, part of a broader US-China trade war.China, for its part, is trying to…

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By | 2020-09-23T11:00:19+00:00 September 23rd, 2020|Technology|Comments Off on Taiwanese chip maker TSMC warns US-China deleveraging will drive up costs