How Covid-19 changes the geopolitics of semiconductor supply chains

Last month Taiwan Semiconductor Manufacturing Company (TSMC) – the world’s largest contract chip maker which produces processors for Apple, Huawei, AMD and many others – announced plans to build a US$12 billion chip production plant in the US state of Arizona.US Secretary of State Mike Pompeo said the deal “bolsters US national security at a time when China is trying to dominate cutting-edge tech and control critical industries”.On the same day, it was reported that TSMC had stopped taking new…

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