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Hsu, Kristy Tsun Tzu
2024/08/25
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CIER Economic Outlook NO.213 | May 2024

The New Government Should Propose a National-Level Semiconductor Grand Strategy


A special report published by Bloomberg in mid-April 2024 pointed out that Taiwan is using the advantages of its semiconductor industry to enhance its international status and break through the diplomatic blockade of mainland China. Through technical cooperation agreements with the United States, Canada, France, Germany and other countries and the establishment of a chip design training base in Prague, the Czech Republic, Taiwan has accelerated its "chip diplomacy" strategy. In addition, the opening of TSMC's new wafer fab in Kumamoto, Japan, and the establishment of a wafer fab by Power Semiconductor Manufacturing Co., Ltd. in India in cooperation with Tata Electronics, both show Taiwan's active expansion in the global semiconductor field.

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