There is a huge shortage of automotive chips worldwide. Foreign media reported that semiconductors and chips are currently scarce resources, and their importance is ahead of traditional oil, and they have become “new oil.” The American Semiconductor Association admits that the United States leads in semiconductor R&D and design, but in order to reduce costs, the transfer of manufacturing to Asia has caused the current semiconductor shortage crisis.
Experts from the British Lombard Consulting Agency pointed out that semiconductors are a new type of oil. The rapid development of the Internet of Things makes semiconductors a key element. Their importance is ahead of traditional oil. The reason is that semiconductor production is currently controlled by Asian companies. Among them, Taiwan and South Korea are dealing with it. The market for device chips and storage chips accounted for 83% and 70%, respectively.
The United States is still the leader in the field of semiconductor design and sales, but currently manufacturing and production have been transferred to Asian countries. The American Semiconductor Association also admits that the United States is leading the research and development of semiconductors, but the idea of transferring production capacity to Asia in order to reduce costs has caused the current semiconductor shortage crisis.
Xie Jinhe pointed out in a Facebook post that the semiconductor industry is booming. After the previous horrific killings, from 2016 to 2019, mainland China used state subsidies to attack semiconductors, and the world dare not expand its factories. Now the US sanctions against SMIC have caused even worse The big imbalance highlights the popularity of Taiwan’s semiconductor manufacturing.
He believes that in the US-China technology cold war, the global semiconductor manufacturing supply chain is so hot that it can almost be described as “getting wafers to get the world.”
“In the past, the strategic material was oil, but now it is the chip.” Xie Jinhe said frankly that at present, Taiwan is three to five years ahead of other countries, and the chip seems to be a sign of Taiwan’s diplomatic strategy.
(Zhongshi News Network)
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