Taiwan Says It’s Yet to be Told of Asian Chipmakers Meeting


Taiwan has not been informed about a ‘Chip 4’ meeting that would include it, the United States, South Korea and Japan, a Taiwanese official said on Friday.

News about the meeting emerged yesterday when South Korean Foreign Minister Park Jin said that Seoul expects to attend a preliminary meeting of the four chip manufacturing nations and described the gathering as US-led.

The Taiwan official who responded to the news late on Thursday noted that the island has always cooperated closely with the US on supply chains.

The meeting comes amid a global chip crunch that began two years ago with the onset of the pandemic and on the heels of a new US law this month called the CHIPS Act that includes $52 billion in subsidies for companies that make chips or conduct chip research in the United States.

The Biden administration has also sought deeper cooperation with Japan and South Korea to become more competitive with China’s science and technology efforts.

The timing, location and other details of the Chip 4 meeting have yet to decided, said a South Korean official who was not authorised to speak to media and declined to be identified.


ALSO SEE: South Korea to Attend Initial Meet of US-Led Asian Chipmakers



Asian Chip Powerhouses

Taiwan’s economy ministry said in a statement late on Thursday it did not have any relevant information yet.

“In past exchanges and dialogue between Taiwan and the United States, the United States did propose similar ideas, but there was no specific content at the time,” it added.

The island has been keen to show the United States, its most important international backer at a time of rising military tensions between Taipei and Beijing, that it is a reliable friend and semiconductor supplier.

Taiwan and South Korea are the world’s two largest chip powerhouses.

Taiwan’s TSMC controls about 54% of the global market for contractually produced chips, supplying firms such as Apple and Qualcomm, which don’t have their own semiconductor facilities.

South Korea is home to Samsung Electronics and SK Hynix which together supply more than half of the global memory chip market.

Asked about the meeting, Japan’s Cabinet Secretary for Public Affairs Noriyuki Shikata said semiconductors are a “very strategically important industry” for Japan and that “in due course, there may be better cooperation among the countries.”

China campaigned against the CHIPS Act, saying it would distort the global semiconductor supply chain and disrupt international trade.

It said the bill was reminiscent of a “Cold War mentality”, and that it would take measures to safeguard its rights once the act is implemented.


  • Reuters with additional editing by Jim Pollard


<iframe width=”710″ height=”399″ src=”” title=”Explained: Why Nancy Pelosi’s Taiwan visit is heightening fears about TSMC” frameborder=”0″ allow=”accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture” allowfullscreen></iframe>






TSMC Shuts if China Invades Taiwan, Says Boss – Focus Taiwan


China War Risk Sees Taiwan’s TSMC Moving Fabs to US, Japan


China Must Seize TSMC if US Imposes Sanctions: Top Economist




Jim Pollard

Jim Pollard is an Australian journalist based in Thailand since 1999. He worked for News Ltd papers in Sydney, Perth, London and Melbourne before travelling through SE Asia in the late 90s. He was a senior editor at The Nation for 17+ years and has a family in Bangkok.

Recent Posts

South Korea to Meet Striking Truckers as Supply Chains Suffer

The strike has seen container traffic at ports drop 19% and the country’s cement industry…

16 hours ago

Shanghai Covid Protests Break Out as Lockdowns Fury Builds

The Shanghai show of dissent comes after a deadly fire in Urumqi, the capital of China's…

17 hours ago

China Industrial Profits Slump as Economy Wilts Under Covid

Some analysts believe China's GDP could now contract this quarter and have cut their 2023…

18 hours ago

India Rocket Firm Has High Hopes Despite Low-Cost Pledge

Skyroot Aerospace says it expects to be able to launch its first satellite next year…

2 days ago

Huawei, ZTE Equipment Sales Banned by US Over Security Risks

The move is latest step in Washington's crackdown on Chinese tech giants amid fears the…

2 days ago

Covid Protests Erupt in China’s Xinjiang After Fatal Blaze

Beijing has vowed to continue with its controversial zero-Covid policy despite growing unrest and the…

2 days ago