Quote of the day by TSMC founder Morris Chang: 'Globalization is almost dead and free trade is almost dead"
Date:
Thu, 05 Nov 2026 23:00:00 +0000
Description:
The way that technologies are supplied around the world has been
fundamentally reshaped
FULL STORY ======================================================================Copy link Facebook X Whatsapp Reddit Pinterest Flipboard Threads Email Share this article 0 Join the conversation Follow us Add us as a preferred source on Google Newsletter Subscribe to our newsletter The Taiwan Semiconductor Manufacturing Company (TSMC) is one of the most significant and powerful forces in the technology world today.
While it's not the only chipmaker out there, it produces around 90% of the world's most advanced semiconductors and has up to 70% market share of the global contract chip-making market. "Globalization is almost dead and free trade is almost dead. A lot of people still wish they would come back, but I don't think they will be back." Morris Chang, December 2022 Global
fracturing The founder of TSMC, Morris Chang, gave his verdict on the state
of the global supply chain during the opening ceremony of the company's advanced chip plant in Arizona. Latest Videos From TechRadar Watch full video here: Quote of the day This article is part of TechRadar Pro's QOTD project
to provide an insight into the minds of the brightest and most recognized figures in the technology industry today and in years gone by. Read the full series here . Chang was careful not to describe the global supply chain or globalisation as completely dead but "almost" dead indicating that it still exists in some way but has been heavily reconfigured to adapt to changing times.
There are several reasons for this, including rising geopolitical tensions, especially between the US and China, as well as a move toward manufacturing repatriation and the formation of blocs rather than the promotion of ever-closer global ties and free trade for the sake of it. That is the
context in which TSMC began operating, and a way of the world that is being lost. You may like Nvidia CEO Jensen Huang says a forgotten 1950s European alliance secretly secured Taiwans chip empire decades later, an island
hardly bigger than Maryland dominates 90% of the advanced chip market Quote
of the day by Intel co-founder Gordon Moore: "The number of transistors incorporated in a chip will approximately double every 24 months" TSMC reportedly has $1 billion of Apple chips awaiting delivery of DRAM will this be what powers the iPhone 18 Pro? Crises and shocks Since COVID-19, there
have been a series of supply chain shocks that have hit businesses and, in
the end, consumers when it comes to the price of technology.
The chip crisis that lasted between 2020 and 2023 was the most disruptive shortage of technology that hit countless sectors worldwide. This was caused by the surge in demand for electronics, with people homebound due to the lockdown measures, the geopolitical cracks that started to form, as well as the death of just-in-time logistics. Are you a pro? Subscribe to our newsletter Sign up to the TechRadar Pro newsletter to get all the top news, opinion, features and guidance your business needs to succeed! Contact me
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Although the crisis eventually abated, a new shortage in memory has hit companies and consumers across the world in a similar way. These new
problems, however, are more attributable to the AI boom, in which the surge
in AI data centers and demand for high-bandwidth memory have led to bottlenecks in the production of consumer-grade memory like DDR5 RAM and SSD storage.
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Link to news story:
https://www.techradar.com/pro/quote-of-the-day-by-tsmc-founder-morris-chang-gl obalization-is-almost-dead-and-free-trade-is-almost-dead-a-post-mortem-on-the- tech-supply-chain-breakdown
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