Morris Chang, the founder of Taiwanese company TSMC, predicted that the era of globalization and free trade would soon come to an end after the conflict between the USA and China over technology. It has been reported Nikki.
“Ideas of globalization and free trade are practically dead and it seems almost impossible to resurrect them,” he said. Chang founded TSMC in 1987 and served as corporate director until 2005.
Some of the current top executives of major tech companies also agree with Chang’s statement. Speaking to Nikkei reporters, AMD CEO Lisa Su pointed out that globalization hinders supply chain continuity.
“It is very important to achieve a higher degree of geographical diversity in production capacities,” the expert explained.
Chinese developers, including Alibaba and startup Biren Technology, deliberately slow down It’s their chip’s job to avoid US sanctions.
About its plans to strengthen its presence in the semiconductor market declaration The American company Intel, which has lost its leadership in the sector in recent years. According to the company’s plans, Intel plans to become the world’s second largest chip maker by 2030.