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The United States and Taiwan ‘natural partners’ to give priority to chip cooperation

Taipei: The de facto US ambassador to Taiwan said today that the United States and Taiwan are natural partners when it comes to semiconductors and that strengthening this cooperation is a priority for the United States.

Washington increasingly viewed technological power and democratically governed Taiwan as a key part of its strategy to shift global supply chains away from China, especially when it came to technology and chip companies.

Speaking at the cornerstone-laying ceremony for a new chip manufacturing plant for Powerchip Semiconductor Manufacturing Corp in central Taiwan, Brent Christensen, director of the American Institute in Taiwan (AIT), said it was there “to reassert the US government’s focus on supply chain security.”

“Both President Biden and President Tsai rightly identified the semiconductor industry as a major strategic priority, not only for economic innovation, but also for national security,” he said, according to text of his comments provided by his office.

Christensen referred to the launch of the Economic Prosperity Partnership Dialogue between the United States and Taiwan last year as a way for the two to “build an alliance to confront the unfair economic and investment policies of the People’s Republic of China,” referring to the People’s Republic of China.

“The United States and Taiwan are the world’s most natural partners in the semiconductor supply chain with an abundance of companies across the value chain, and it will remain a priority for AIT to support this cooperation.”

Taiwanese President Cai, who attended the same event, said she would ensure that the government would fully support the development of the semiconductor industry, describing it as “a mountain range that protects the country.”

Taiwan’s central role in chip production has come into focus during the Covid-19 pandemic, with the increasing demand for laptops, tablets and other equipment to run work from home, benefiting companies such as Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the largest contract. In the world a chip maker.

Foreign governments and companies have appealed to Taiwan to help solve the auto chip shortages that have held factories worldwide.

US companies have also not been standing idly by, and this week Intel announced a $ 20 billion plan to expand its advanced chip manufacturing capacity.

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