Never been a better time to study up on your semiconductors.
Tsai Yu-Tai, head of statistics for the Directorate-General of Budget, Accounting, and Statistics expects Taiwan's gross domestic product growth in 2022 to fall to 3.06% and 2023 to drop to 2.75%. But, these are only the potential short-term troubles for Taiwan's chip market., North America should see an influx in fabs built on its soil.
Europe has also been giving its own benefits, and while Taiwan has announced some tax breaks, they haven't gone ahead with any grants yet, which could be more devastating than anOf course, we'll have to wait and see how this all actually plays out to see what kind of hit Taiwan takes from all of this. Being such an established powerhouse of chip production, it's hard to imagine it any other way.
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