Taiwan Is Still Semiconductor Leader as Chip Exports Rise Again
- Overseas shipments of IC chips increase 18.4% in 2022
- Taiwan is ‘irreplaceable’ in short term for chips: Barclays
This article is for subscribers only.
Taiwan’s exports of integrated circuit chips rose in 2022 for a seventh consecutive year, further solidifying the economy’s leadership status in a global semiconductor industry that has been roiled by US-China tensions and diversifying supply chains.
Exports of IC chips — which are pivotal components of electronic appliances, computers and smartphones — rose 18.4% from a year earlier, according to Taiwan’s Ministry of Finance. It was also the third straight year of double-digit growth.