Freshly Elected Taiwanese President Confronted with Soaring Obstacles in the Nation’s Semiconductor Sector
Lai made impassioned comments about Taiwan’s chip industry after his victory on Saturday that seem to make it clear that his administration’s main tech focus will be on semiconductors.
Taiwan’s semiconductor industry strengthens the global standing of the country, a small island with a population of 23 million.
Another barrier is that even though the semiconductor industry is important to Taiwan’s economy, most people don’t work in it.
“Most people in the nation are not employed in the semiconductor industry, even though it’s the lifeblood of the economy,” says Patel.
Despite the challenges faced by Taiwan’s semiconductor industry, Triolo notes that its international recognition has grown significantly since Tsai came into power eight years ago.
