TSMC chairman says nobody wants war over Taiwan as chip supplies too valuable

 TSMC chairman says nobody wants war over Taiwan as chip supplies too valuable

TAIPEI (Reuters) – Nobody wants to see a war over Taiwan because nobody wants to disrupt the crucial global supply chain of semiconductors, the chairman of major chipmaker TSMC said on Thursday, in unusually direct comments about geopolitics.

FILE PHOTO: The logo of Taiwan Semiconductor Manufacturing Co (TSMC) is pictured at its headquarters, in Hsinchu, Taiwan, Jan. 19, 2021. REUTERS/Ann Wang

Tensions over the past year or so have risen around Taiwan as China seeks to assert its sovereignty claims, with repeated military drills near the island that have caused concern in Washington and other Western capitals.

Mark Liu, Taiwan Semiconductor Manufacturing Co Ltd’s chairman, told an earnings call that the COVID-19 pandemic has already been disruptive enough for the global economy and no country wants to see instability around Taiwan.

“As to an invasion by China, let me tell you everybody wants to have a peaceful Taiwan Strait. Because…

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