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TSMC chairman warns of "serious challenges" to semiconductor industry posed by China tensions

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TSMC, the world’s largest contract chipmaker, is caught in the middle of the spat between the US and China, which accounted for 13% of the company’s total.
In brief: TSMC is once again warning of the problems both it and the semiconductor industry as a whole are facing as tensions between the US and China rise and the prospect of a Chinese invasion of Taiwan grows more likely.
TSMC, the world’s largest contract chipmaker, is caught in the middle of the spat between the US and China, which accounted for 13% of the company’s total revenue between April and June. That figure stood at 17% for the whole of 2020, but US sanctions against Chinese companies such as Huawei and the country’s chip industry in general have impacted the amount of revenue TSMC generates from Chinese customers.
Speaking at the Taiwan Semiconductor Industry Association’s annual convention (via Reuters), TSMC Chairman Mark Liu said: “The U.

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