Tsai touts need for local semiconductor equipment
President Tsai Ing-wen says steps must be taken to ensure that Taiwan remains a key player in semiconductor global supply chains by increasing the domestic production of equipment and facilities used by the sector.
Speaking to members of the Taiwan Electronic Equipment Industry Association at the Presidential Office, Tsai said shortages seen throughout the coronavirus pandemic... have highlighted the pivotal role that Taiwan plays in the global supply chain.
Tsai promised that her administration would work to assist local manufacturers in finding resources... and to encourage more businesses to manufacture equipment for the semiconductor sector here in Taiwan.
Taiwan's semiconductor industry output grew by nearly 29% in 2021 and is now valued at about NT$116.7 billion.
Tsai says that year-on-year increase is due to the hard work and collaboration between businesses and the government.