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Taiwan Assures Global Chip Industry Will Withstand China’s Rare Earth Export Controls

Taiwan has reassured global markets that its semiconductor industry remains insulated from China’s latest rare earth export controls. The Ministry of Economic Affairs clarified that the restricted elements differ from those used in chip manufacturing processes, with most rare earth supplies sourced from Europe, the US, and Japan.

In a significant development for global technology supply chains, Taiwan has provided crucial reassurances that its semiconductor industry will remain largely unaffected by China’s newly implemented rare earth export controls. The announcement comes as welcome news to global markets concerned about potential disruptions to semiconductor manufacturing following China’s latest trade measures.

Taiwan’s Official Response to Export Restrictions