TSMC Founder Warns About End of Free Trade in Semiconductors

TSMC is a key chip supplier for Apple and recorded $23.5 billion in revenues in the third quarter.
TSMC Founder Warns About End of Free Trade in Semiconductors
TSMC founder Morris Chang speaks during a press conference at the Presidential Office in Taipei, Taiwan, on Nov. 13, 2021. Sam Yeh/AFP via Getty Images
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Taiwan Semiconductor Manufacturing Co.’s (TSMC’s) founder Morris Chang said on Saturday that semiconductor free trade has “died” in the face of rising geopolitical tensions, posing severe challenges to the company.

While speaking at a TSMC sports event, Chang reflected on the company’s prediction from five years ago that it could potentially become a “battleground” for geopolitical strategists as a result of its success.