According to Taiwan's "Economic Daily" website reported on October 28, TSMC founder Chang Zhongmou recently said that the increase in US-China technology tensions will slow down the development of the global chip industry, and "decoupling" may eventually hurt everyone. He believes that collaboration can accelerate innovation, but he is particularly worried that the world seems to be complaining about each other.
According to the report, Chang was in New York to attend an event of the Asia Society, a social organization, to discuss the fragmentation of the global economy and geopolitical tensions.
When asked, "What keeps you awake at night?" Mr Chang initially said no, then confessed that he was particularly troubled by the "decoupling", in which countries around the world seem to be complaining about each other.
Cutting the Chinese chip industry off from the rest of the world will affect other players outside the mainland, Mr Chang said. "I think 'decoupling' will ultimately slow everyone down." He said the effects of this "decoupling" were already being felt and "it looks like countries are unhappy with each other and that worries me".
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