The Chip Crisis: China-Taiwan Conflict Insights And Strategies

As the global supply chain slowly recovers from the impacts of the Russia-Ukraine war, it has been hit yet again. Tensions between China and Taiwan have intensified as China’s military drills one of the world’s busiest shipping routes – Taiwan street, impacting global trade. As most shipments that go through the Taiwan Strait include products containing chips, serious concerns about the semiconductor industry are rising. Taiwan’s TSMC being at the center of the global semiconductor supply chain, China’s export bans to Taiwan will only further aggravate the chip crisis.