semiconductors
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Last week’s earthquake has added to the tension in the South China Sea in expediting efforts to diversify global semiconductor manufacturing.

The temporary suspension of semiconductor production, due to damaged factories, has reinforced efforts to reduce global reliance on Taiwan’s output.

The world’s largest supplier, Taiwan Semiconductor Manufacturing Company (TSMC), wants to develop its US footprint, and America is only too keen to help.

Adding to February offers of $5bn in loans to help TSMC ...

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