No need for one country to control chip industry, Taiwan official says

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No need for one country to control chip industry, Taiwan official says

^{Published on 2025-02-15 00:42:19 - Reuters}

There is no need for one country to control the semiconductor industry, which is complex and needs a division of labour, Taiwan's top technology official said on Saturday after U.S. President Donald Trump criticised the island's chip dominance.

The article from Reuters discusses comments made by Taiwan's Minister of Economic Affairs, J.W. Kuo, at a conference in Taipei on February 15, 2025. Kuo emphasized that the global semiconductor industry should not be dominated by any single country, highlighting the importance of a balanced distribution of chip manufacturing capabilities. He pointed out that Taiwan, while a key player in the industry, supports a collaborative approach where multiple countries contribute to the supply chain. This stance comes amidst ongoing geopolitical tensions, particularly with China, and the strategic importance of semiconductors in global trade and technology. Kuo's remarks also reflect Taiwan's strategy to maintain its pivotal role in the semiconductor market while advocating for international cooperation to prevent any monopolistic control over this critical industry.

Read the Full Reuters Article at:
[ https://www.reuters.com/technology/no-need-one-country-control-chip-industry-taiwan-official-says-2025-02-15/ ]

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