security

Sunak Urged to Cut UK Reliance on Taiwan Chips Due to China Risk – Bloomberg


Prime Minister Rishi Sunak’s government should take steps to cut UK reliance on semiconductors from Taiwan because of the threat posed by China, a draft strategy said. 

Chinese interference or an invasion of Taiwan would threaten Britain’s economy, according to the unpublished strategy seen by Bloomberg. That’s because it would compromise supplies to and from the Asian island nation, which is home to more than 90% of the manufacturing capacity for all leading-edge chips, including the world’s preeminent silicon foundry, Taiwan Semiconductor Manufacturing Company, Ltd.



READ SOURCE

Readers Also Like:  RUBICON TECHNOLOGIES, INC. : Submission of Matters to a Vote of Security Holders (form 8-K) - Marketscreener.com

This website uses cookies. By continuing to use this site, you accept our use of cookies.