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China - Taiwan Risks to the Global Semiconductor Industry
Once again, the escalating tensions between China and Taiwan have shined a spotlight on TSMC, the largest global supplier of semiconductors, accounting for 55% of the world’s chip supply. If TSMC was to shut down, it could cost the world’s economy over $1 trillion in losses, wreaking havoc on the global supply chains. Top industries such as the military, automotive, and high-tech industries would be at serious risk, exposing the fragility of the semiconductor supply chains.
Learn more in Resilinc Special Report about the impact of the China-Taiwan tensions and the top solutions to safeguard your supply chains.
Key Insights:
- Taiwan’s semiconductor industry: Pros and cons of reshoring and nearshoring
- China’s semiconductor growth, foreign dependency, and effects of China’s takeover of Taiwan
- Why you need a digitalized supply chain