Protracted trade tensions between Washington and Beijing could hit China’s semiconductor industry and companies across the electronics supply chain, Morris Chang, who founded Taiwan Semiconductor Manufacturing Co Ltd (TSMC), said at the company’s annual shareholders’ meeting.
“If the U.S. and China get into a serious trade dispute, or what some call a trade war, and if the trade war starts to involve the electronics supply chain, then we’re going to be affected in some way,” said 86-year-old Chang, known as the founder of the semiconductor industry in Taiwan.
TSMC has a very large revenue base in the United States and a similar revenue base in China, making it a significant link in the semiconductor chain, he said.