The Taiwanese government believes there is “enormous” room with the European Union on semiconductors, according to a statement released by the country’s ministry of Foreign Affairs. The message is a response to the bloc’s plans to bolster its semiconductor industry, presented Tuesday. The European Chips Act proposal mentions Taiwan as one of “like-minded partners”.
Taiwan’s largest chip manufacturer so far has been lukewarm about the EU’s overtures. Chairman Mark Liu of TSMC said it’s “economically unrealistic” for major economies to build additional chip production capacity. Nonetheless, TSMC is considering to build a fab in Germany – most likely one that would manufacture trailing-edge chips.