TSMC Founder Says Breaking Up Chip Supply Chain Will Be Costly

Taiwan Semiconductor Manufacturing Co. founder Morris Chang warned that efforts by governments around the world to build domestic chip supply chains could push up costs and yet still fail to achieve self-sufficiency.

Speaking as Taiwan’s envoy to the Asia-Pacific Economic Cooperation leaders’ virtual meeting, Chang’s comments come as Taiwan’s dominant position in the semiconductor business has come under pressure, amid a widespread global chip shortage and calls in Tokyo to Washington and Beijing for domestic chipmakers to increase self-reliance.