Trump claims Taiwan took 100% of chip business; Taipei mayor urges protection for industry

Former U.S. President Donald Trump has again claimed that Taiwan has taken almost "100% of the chip business." Speaking in an interview on July 2, Trump stated that Taiwan is now in a precarious situation and that he is urging major chip manufacturers to move their production lines back to the United States.

Taipei Mayor Chiang Wan-an responded on July 3, emphasizing that TSMC is Taiwan's crucial economic lifeline. He expressed hope that the government would do its utmost to protect this "sacred mountain" of industry.

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Taiwan took almost 100% of the chip business.

Chiang, speaking at a press conference for Taipei's AI education policy white paper, referenced comments from TSMC Chairman C.C. Wei, who recently stated that the most advanced manufacturing processes will always begin in Taiwan and remain firmly rooted there. Chiang also noted reports from a former Intel CEO who praised Taiwan's efficiency, highlighting its ability to move from an idea to a prototype and then to production within a single day.

"TSMC is Taiwan's important economic lifeline," Chiang reiterated. "I hope the government will do its best to protect our sacred mountain."

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TSMC is Taiwan's important economic lifeline, I hope the government will do its best to protect our sacred mountain.