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TSMC calls EU semiconductor boost 'unrealistic'

The chairman of the world's largest chip foundry has described US and Europe plans to expand local semiconductor manufacturing capacity for strategic independence as "economically unrealistic".

www.eenewseurope.com, Apr. 05, 2021 – 

Mark Liu, chairman of Taiwanese foundry TSMC, was speaking at a Taiwan Semiconductor Industry Association (TSIA) in Hsinchu, Taiwan in his role as chairman of the TSIA. A key point Liu made was that if entire semiconductor supply chains were replicated in the US and in Europe it would lead to a large amount of "non-profitable capacity."

Liu was also reported saying that some part of the current chip supply shortage is the result of double-booking of orders prompted by uncertainty in 2020. That uncertainty in turn came from the Covid-19 pandemic and rushed orders as smartphone makers tried to fill a gap left by the blacklisted Huawei Technologies.

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