The global chip supply is expected to get some relief from Taiwan Semiconductor Manufacturing Co (TSMC) and the other Taiwanese Semiconductor manufacturers next year. A Taiwan government think tank forecasts output will grow 25.9% in 2021 to a 4.1 trillion New Taiwan dollars ($147 billion). Producers are struggling to keep up with the surging demand even as they invest in new capacity. A recent report published by Taiwan government think tank, The Industry, Science and Technology International Strategy Center (ISTI) … Continue reading “Record Taiwan Chip Production To Continue, Expanding Over 25% in 2022”
Chip Shortage and COVID Slams Taiwan Stock Index in Biggest 2 Day Collapse in Thirty Years
Taiwan’s stock index (TAIEX) has been one of the success stories of 2021, led by Taiwan Semi Conductor $TSM. However the chip shortage is taking it’s toll and new outbreaks of the coronavirus has shocked the island nation. The TAIEX is down 8.6% in the largest 2 day drop since 1990 and down more than 13% from its April high