Taiwan’s government said today that China’s new limits on rare earth exports will not harm the island’s chip industry. The Ministry of Economic Affairs explained that the restricted materials differ from those used in semiconductor production. Most of the rare earths used in Taiwan come from Europe, the U.S., and Japan. This mix helps the island keep its chip supply chain stable. The ministry also said there is no need to worry about chip shortages at this time.
Taiwan’s government said today that China’s new limits on rare earth exports will not harm the island’s chip industry. The Ministry of Economic Affairs explained that the restricted materials differ from those used in semiconductor production. Most of the rare earths used in Taiwan come from Europe, the U.S., and Japan. This mix helps the island keep its chip supply chain stable. The ministry also said there is no need to worry about chip shortages at this time.