Taiwan tells US its chip ecosystem isn't going anywhere

"Taiwan, which produces more than 60 percent of global semiconductors and roughly 90 percent of the world's most advanced chips, insists it gained this leadership position by investing in the tech when other countries didn't. Former Intel chief Pat Gelsinger supports this view, publicly stating a couple of years ago that countries like Korea, Taiwan, and China put in place long-term industrial policies and investment in chipmaking, while the US and European nations failed to do the same."

"Cheng led Taiwan's January's trade delegation to Washington, which secured reduced US tariffs on Taiwanese goods - from 20 percent to 15 percent - in exchange for increased investment into America's tech sector. At the time, US commerce secretary Howard Lutnick told CNBC the deal aimed to relocate 40 percent of Taiwan's entire chip manufacturing and production capacity to America. A Department of Commerce release cast the agreement as a "massive reshoring of America's semiconductor sector.""

Taiwan's vice-premier rejected relocating 40 to 50 percent of the country's semiconductor production to the United States, calling such a transfer impossible. Taiwan's semiconductor ecosystem cannot be moved and its most advanced technologies will remain domestic. A January trade delegation to Washington secured reduced US tariffs on Taiwanese goods from 20 percent to 15 percent in exchange for increased investment in America's tech sector. The United States framed the deal as aiming to relocate 40 percent of Taiwan's chip capacity and as a "massive reshoring." Taiwan produces over 60 percent of global semiconductors and about 90 percent of the most advanced chips and views that dominance as a strategic deterrent against Chinese aggression.

Read at Theregister