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Mohawk Industries, Inc. (NYSE:MHK) Q4 2024 Earnings Call Transcript

Taiwan's legacy chip industry contemplates future as China eats into share

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By Wen-Yee Lee TAIPEI (Reuters) -When Taiwan's Powerchip Technology entered a deal with the eastern Chinese city of Hefei in 2015 to set up a new chip foundry, it hoped the move would help provide better access the promising Chinese market.
The article from MSN discusses the challenges faced by Taiwan's semiconductor industry, which has long been a global leader, particularly through companies like TSMC. As China increases its investment in chip manufacturing, aiming to reduce its dependency on foreign technology due to geopolitical tensions, Taiwan's market share is under threat. China's strategy includes significant government subsidies and a focus on developing its own semiconductor capabilities, which has already started to impact Taiwan's dominance in the sector. Taiwanese companies are now contemplating their future strategies, which might involve innovation, diversification, or even international partnerships to maintain their competitive edge. The article highlights the broader implications for global supply chains and the strategic importance of semiconductors in technology and national security.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/other/taiwan-s-legacy-chip-industry-contemplates-future-as-china-eats-into-share/ar-AA1yInn0 ]