Taiwan Revises Trump's Semiconductor Misconceptions

Former U.S. President Donald Trump's comments on Taiwan's semiconductor industry sparked controversy. Taiwan's Economy Minister Kuo Jyh-huei clarified that Taiwan aids the U.S. chip industry instead of taking business. Trump's misunderstandings stem from misinformation. TSMC's investments in the U.S. align with boosting domestic semiconductor production under the Chips and Science Act.

Former U.S. President Donald Trump's comments regarding Taiwan's role in the semiconductor industry have been clarified by Taiwan's Economy Minister Kuo Jyh-huei. In response to Trump's claims that Taiwan had taken American semiconductor business, Kuo emphasized that Taiwan complements U.S. manufacturing rather than competing with it.

Speaking in Taipei prior to the Semicon Taiwan exhibition, Kuo highlighted that companies like TSMC operate as commissioned partners for U.S. firms. His statements come as TSMC invests billions in new facilities overseas, including a significant expansion in Arizona.

The U.S. is bolstering its semiconductor supply chain with initiatives like the Chips and Science Act, which allocates $52.7 billion for domestic production. Taiwan remains a critical partner despite geopolitical tensions, with ongoing support from both the Trump and Biden administrations.

(With inputs from agencies.)