📊Executive Summary

Wu Zhizhong, Taiwan's Deputy Minister of Foreign Affairs, emphasized the importance of keeping advanced semiconductor manufacturing processes in Taiwan to maintain its critical role in the global semiconductor supply chain. He dismissed suggestions to relocate chip production abroad as a means to mitigate risks, arguing that Taiwan's unique semiconductor ecosystem is irreplaceable. He also highlighted the geopolitical implications of potential Chinese aggression towards Taiwan, asserting that both the U.S. and Europe would respond based on their national interests. This underscores the strategic significance of Taiwan in the semiconductor industry amid rising tensions....