Thread: Little Lithuania - Are they going to become a microchip manufacturing giant?!

Lithuania and Taiwan are negotiating establishing microchip factories in the small European country.

Quoting from an article* in Politico:

"Taiwan Semiconductor Manufacturing Company (TSMC) — with an outsize 54 percent share of global foundry revenue in 2020 — has faced pressure from many foreign governments to diversify its production. "

and again :

“Taiwan is playing its economic cards smartly,” Mathieu Duchâtel, director of the Asia Program at the Paris-based Institut Montaigne said. “Clearly, Taiwan has something concrete to offer to strengthen the European semiconductor ecosystem, and the message is that this is linked to deepening Taiwan's international space — so this is a form of economic statecraft.”

end quotes

It appears Taiwan may have found a partner with Lithuania. With all the disruptions to chip supplies, it seems practical to expand production locations to limit such problems.


"Lithuania wins microchip windfall from Taiwan in China clash "

* https://www.politico.eu/article/lith...indfall-clash/