Difficulties amid Covid-19 and US-China trade war
During this period of chip shortage, the world’s reliance on Taiwan chipmakers became rather obvious
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A global shortage of chips since last year has exposed Taiwan Semiconductor Manufacturing Company (TSMC)’s critical position in the global semiconductor supply chain. TSMC is the world’s largest chipmaker with a 53% share in the global semiconductor foundry market in Q2 2021 and its current market capitalization ranks 8th in the world. Together with three other smaller players: United Microelectronics Corporation (UMC), Powerchip Technology Corporation (PSMC) and Vanguard International Semiconductor Corporation (VIS), Taiwan is dominating the global market of chipmaking with a 63.3% market share in Q2 2021.