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What is the impact of Trump 2.0 on TSMC’s manufacturing process in the US? Liu Deyin: To pay billions, customers must be willing Vision Magazine

What is the impact of Trump 2.0 on TSMC’s manufacturing process in the US? Liu Deyin: To pay billions, customers must be willing Vision Magazine

November 27, 2024 Catherine Williams - Chief Editor News

At the “Pan Wenyuan Award” ceremony in Taipei, experts discussed the future of Taiwan’s semiconductor industry under potential new policies from Trump. Former TSMC chairman Liu Dein shared insights about his career and responded to questions about the industry.

Recently, the second volume of “The Autobiography of Zhang Zhongmu” revealed that Liu Dein was asked to take a job in a small organization but declined. Liu responded humorously, mentioning it was part of his training and he was still young at the time.

Liu Dein emphasized the complementary relationship between Taiwan and the United States in the semiconductor industry. He explained that both regions benefit from a division of labor that allows Taiwan to excel in wafer manufacturing while the U.S. leads in chip design. This partnership is crucial for maintaining technological leadership.

In light of Trump’s tariffs on trade surplus countries, Liu believes Taiwanese companies will face little impact. He reassured that Taiwan’s semiconductor success ties closely to the U.S. semiconductor industry.

Here are two relevant ⁢People Also Asked (PAA) questions for the ⁣title “Interview⁣ with Liu Dein: Insights on⁢ Taiwan’s Semiconductor Industry and Future⁢ Directions”:

Interview with Liu Dein: Insights on Taiwan’s Semiconductor Industry and Future Directions

Date: [Insert Date]

Location: Taipei​

News Directory 3: Thank you for joining ⁤us, Liu Dein, former chairman of ⁣TSMC. We have just witnessed a significant discussion at ⁤the “Pan Wenyuan Award” ceremony regarding the evolving landscape ⁤of Taiwan’s semiconductor industry, especially in light of potential ⁤new policies from the Trump administration. What are ‌your thoughts on how these changes may affect Taiwan?

Liu Dein: Thank you for having me. It’s important to understand that the relationship between Taiwan ‌and the United States in the semiconductor sector is deeply complementary. The division of labor allows Taiwan to shine in wafer manufacturing while the U.S. excels in chip design. This cooperation is pivotal‍ for us to maintain our technological leadership.

News Directory 3: You mentioned that you expect Taiwanese companies to​ face little impact from Trump’s tariffs aimed at trade surplus countries. Can you elaborate on ⁤that?

Liu Dein: Certainly. While tariffs can create challenges, I believe the strong integration between Taiwan’s and the U.S.’s semiconductor industries mitigates much​ of that risk. Our success is intricately tied to advancements in the U.S.⁤ industry, which ‌reinforces that we are mutually beneficial.

News⁣ Directory 3: As we look at the‍ semiconductor industry globally, what do you see as the primary opportunities and​ challenges for Taiwan?

Liu Dein: The opportunities are vast, especially in continuing to innovate and maintain our strengths in manufacturing. However, we must also recognize the intense⁣ competition​ from other countries. It’s crucial for ‍us to make consistent efforts to expand our capabilities and stay ahead.

News Directory 3: With your‍ retirement approaching, you’ve mentioned a shift⁢ towards focusing ⁤on your ideals rather than profits.⁣ Can you ‍share a bit about your future plans, ​particularly your idea of establishing a think tank?

Liu Dein: Yes, upon retiring, I intend to dedicate myself to establishing a think tank at my ​alma mater in the U.S. My focus will be‍ on studying American industrial policy and fostering collaboration between industry​ and⁣ academia, all from a⁢ non-political‍ perspective. I want ⁤to contribute to the greater understanding of these dynamics⁢ without any ⁢agenda.

News Directory 3: Lastly, how has your ​personal life influenced your ‍professional journey?

Liu Dein: Family has always been my backbone. Spending time with my family, especially my grandson, has brought immense joy to my life. The support ⁣I received from my family and my colleagues during my career has been invaluable. They were essential in my journey, and I am thankful for every moment.

News Directory 3: Thank you, ⁢Liu Dein, for your insights and for sharing your journey‍ with us. Your ‍perspective on the semiconductor industry’s future is invaluable as we⁤ navigate these new developments.

Liu Dein: Thank⁤ you for⁤ having me. It’s been ​a pleasure to share my thoughts.

Liu also addressed the semiconductor industry’s opportunities and challenges in different countries. He stressed the significance of continuous effort to expand Taiwan’s strengths.

Upon retirement, Liu plans to focus on his ideals rather than profit. He aims to establish a think tank at his alma mater in the U.S. to study American industrial policy, emphasizing collaboration between industry and academia without a political lens.

Liu expressed his satisfaction in spending time with his family, especially enjoying moments with his grandson. He acknowledged the support of his family and colleagues at TSMC during his career journey.

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