TAIPEI (TVBS News) — Taiwan Semiconductor Manufacturing Company (TSMC, 台積電), the world's leading chipmaker that produces advanced processors for Apple, NVIDIA and other tech giants, held its annual shareholders meeting Tuesday (June 3) where Chairman C.C. Wei (魏哲家) voiced concerns about escalating trade tensions with the United States. Wei delivered a measured critique of current tariff policies during discussions with the U.S. Department of Commerce, arguing that punitive duties ultimately harm the entire semiconductor ecosystem and could undermine TSMC's competitive position in the global market.
The semiconductor executive detailed how the current tariff structure creates a cascading effect throughout the supply chain, pointing out that American equipment manufacturers such as Applied Materials incur significant duties when importing components made in Asia. These costs are subsequently passed on to TSMC when purchasing manufacturing equipment in the United States. Wei illustrated the financial impact with a straightforward example: equipment that previously cost US$100 (approximately NT$2,998) now requires US$125 (approximately NT$3,747) after tariff implementation. The chairman acknowledged some potential for resolution, noting that Commerce Department officials have signaled openness to addressing these concerns.
According to Wei, TSMC has maintained diplomatic communications with American officials regarding the economic impact of these trade policies, presenting detailed analysis of how tariffs affect production costs and global competitiveness. While the Commerce Department has recognized the validity of these concerns, no immediate policy changes have been announced. "We are not afraid of tariffs," Wei stated with characteristic directness, "but we insist on fair treatment." Industry analysts and investors are now closely monitoring these ongoing negotiations, which could significantly influence semiconductor manufacturing costs and ultimately consumer electronics prices worldwide. ◼