Taiwan President Warns of ‘Volatile’ Challenges Facing Chip Industry

Taiwan President Warns of ‘Volatile’ Challenges Facing Chip Industry
The logo of Taiwan Semiconductor Manufacturing Co. (TSMC) is pictured at its headquarters, in Hsinchu, Taiwan, on Jan. 19, 2021. Ann Wang/Reuters
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TAIPEI—Taiwan’s President Tsai Ing-wen warned the semiconductor industry faces new and “volatile” challenges, but said her government will work with the sector to overcome them.

Taiwan is home to the world’s largest contract chipmaker, TSMC, and is a major producer of semiconductors used in everything from washing machines and cellphones to data centres and fighter jets.