'Because this is such a sophisticated manufacturing facility, it depends on real-time connection with the outside world, with Europe, with Japan, with U.S., from materials to chemicals to spare parts to engineering software and diagnosis.'
, which sets aside billions of dollars in incentives to build chip factories on U.S. soil. President Biden is expected to sign the bill on Tuesday.it is critical for national security to secure the supply of efficient and modern chips for U.S. usage if China were to invade or otherwise make it more difficult to manufacture chips in Taiwan., TSMC is building a $12 billion chip factory in Arizona that could benefit from the subsidies.
Liu compared a potential conflict in Taiwan to Russia's invasion of Ukraine, saying that while the two conflicts are very different, the economic impact to other countries would be similar. He encouraged political leaders to try to avoid war.Liu said an invasion of the territory would cause economic turmoil for China, Taiwan and Western countries. He said that TSMC sells chips to consumer-facing Chinese companies that need the company's services and the supply of advanced computer chips.
"How can we avoid war? How can we ensure that the engine of the world economy continues humming, and let's have a fair competition," Liu said.
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