The retired founder of TSMC said on Thursday that even as he supported US efforts to slow China’s advances in the semiconductor industry, the “bifurcation” of the global supply chain and the reversal of globalisation would increase prices and reduce the ubiquity of chips that power the modern world.
“There’s no question in my mind that, in the chip sector, globalisation is dead. Free trade is not quite that dead, but it’s in danger,” Morris Chang said, speaking at an event hosted by Taiwan’s CommonWealth Magazine.
