US unable to replicate Taiwan’s chip formula after supply chains moved away

The U.S. has no way of competing with Asia and Taiwan in the field of semiconductors, Acer founder Stan Shih said Wednesday (July 26).

Due to national security reasons, Washington has been attempting to base as many sensitive high-tech industries inside the U.S. as possible, but key supply chains have already moved out of the country, Shih said. As a result, the computer brand pioneer said that regardless of cultural factors, the U.S. would be unable to replicate Taiwan’s formula, CNA reported.

Shih signed a memorandum of understanding on Wednesday with Taipei City’s Soochow University and Arizona-based Thunderbird School of Global Management to promote the training of international semiconductor talent. The agreement is intended to help Taiwanese businesses solve a shortage of global managers.

By: DocMemory
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