Disruption to Taiwan microchip supply threatens a 'major crisis'

Disruption to Taiwan microchip supply threatens a 'major crisis'

Rising tensions between the US and China over Taiwan threaten to trigger significant shortages of electronics such as mobile phones, one of the world’s largest chip companies has warned. Intel’s Europe chief Frans Scheper said there would be a “huge impact” and a “major crisis” for the industry if Taiwan’s chipmaking exports are cut off by Beijing. Fears that supplies from the chipmaking powerhouse could be disrupted have mounted in recent days after tensions surged in the region, following a visit by US House Speaker Nancy Pelosi to Taiwan. Mr Scheper told The Telegraph: “If you think about mobile phones, 80-90pc of chips are coming from Asia, from that specific area. “For certain applications it would have a huge impact. Maybe for others a little bit less, but there are …
More on: www.telegraph.co.uk