An industry association said Thursday that Taiwan, China's semiconductor production is expected to grow by 22% this year, reaching a record NT $5.3 trillion (US $165 billion).
The demand for cutting-edge chips, including generative artificial intelligence servers, is expected to put production back on a growth track. Due to sluggish demand related to computers and smartphones, the output value will decrease by 10.2% to NT $4.3 trillion in 2023.
Hou Yongqing, president of Taiwan, China Semiconductor Industry Association, predicted on Thursday that Taiwan, China will only play an increasingly important role in the semiconductor supply chain.
Hou Yongqing said, "Taiwan, China ranks first in the world in chip production, packaging and testing, and second in chip design."
The semiconductor industry in Taiwan, China, China, is worried that Donald Trump, the former US president who won the presidential election on Tuesday, may pursue more protectionist policies once he returns to the White House.
He said, "The details may change, but the overall trend of our cooperation will not change
