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Protracted trade tensions between Washington and Beijing could
hit China's semiconductor industry and companies across the
electronics supply chain, Morris Chang, who founded Taiwan
Semiconductor Manufacturing Co Ltd (TSMC), said at the company's
annual shareholders' meeting.
"If the U.S. and China get into a serious trade dispute, or what
some call a trade war, and if the trade war starts to involve
the electronics supply chain, then we're going to be affected in
some way," said 86-year-old Chang, known as the founder of the
semiconductor industry in Taiwan.
TSMC has a very large revenue base in the United States and a
similar revenue base in China, making it a significant link in
the semiconductor chain, he said.
Chang said China's semiconductor industry will see a lot of
progress in the next 5-10 years, but it will still lag behind
TSMC, which includes Apple Inc among its customers.
"The distance between us will be about the same in 5-10 years.
If I wanted to brag, I'd say the distance will be longer," said
Chang.
He founded TSMC in 1987 and pioneered contract chip
manufacturing for chip design firms that do not have their own
factories.
Chang, whose career included 25 years at Texas Instruments, said
he was now looking forward to writing his autobiography, playing
bridge, attending more concerts and traveling.
He will be succeeded as chairman by Mark Liu, who had been
co-CEO with C.C. Wei since 2013. Wei will become the sole CEO.
(Reporting by Jess Macy Yu; Writing by Anne Marie Roantree;
Editing by Neil Fullick)
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