China could win 'trump card' over global economy by taking over Taiwan semiconductor manufacturing
Fox News
Top experts are sounding the alarm that a Chinese takeover of Taiwan could spell trouble for not only the island's inhabitants but also the global community – including the U.S. – due to Taiwan's dominance in semiconductor manufacturing.
Taiwan produces the vast majority of semiconductors globally, supplying 63% of the market’s share compared to the mere 12% the U.S. supplied in 2019. In 2020, China supplied 16% of semiconductors globally.
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