Industry watch: Taiwan, a game changer

industry watch taiwan a game changer

Sumary of Industry watch: Taiwan, a game changer:

  • According to the Industrial Technology Research Institute (ITRI), the global semiconductor manufacturing revenue including wafer foundry and IC package and testing industries, grew 13.6% from US$501 billion in 2019 to US$570 billion in 2020, with Taiwan’s corresponding revenues growing from US$86 billion to US$109 billion.
  • With contribution of 20% for the global semiconductor industry, Taiwan is the world’s second-largest semiconductor powerhouse next to the US, surpassing South Korea and Japan and leaving China far behind.
  • Terry Tsao, global chief marketing officer at SEMI and president of SEMI Taiwan, pointed out that Taiwan has been the largest buyer of equipment and materials in the past decade.
  • What’s more, desperate needs and interests of the international community have placed Taiwan to the front line in the global conflicts.
  • The changes of the global semiconductor industry structure are flipping to reshape Taiwan’s macro strategy.
  • TSMC, Samsung and SK Hynix had submitted confidential documents reportedly containing business secrets before the deadline of November 8 requested by the US Department of Commerce.
  • Unlike the traditional industry that makes fuel-powered cars, the EV supply chain will no longer need to go through multiple barriers to become carmakers’ suppliers.
  • The rules of the game have changed, and Taiwan needs to have a say on the global stage.

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