Taiwan plays a critical role in the manufacture of advanced chips.
has disrupted production at the island’s semiconductor companies, raising the possibility of fallout for the technology industry and perhaps the global economy. The potential repercussions are significant because of the critical role Taiwan plays in the manufacture of advanced chips, the foundation of technologies from artificial intelligence and smartphones to electric vehicles.The 7.
Bloomberg Economics estimated in 2024 that the price tag of a war over Taiwan would be around US$10 trillion . That is about 10 per cent of global gross domestic product and would dwarf the blows from the Covid-19 pandemic and the 2007-2008 global financial crisis. BLOOMBERGResend verification e-mail
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