TSMC founder backs US move to curb China's chip development

Man behind Taiwan semiconductor giant also warns of issues as supply chain splits

- Yip Wai Yee

For the first time, the founder of the world's largest semiconductor manufacturer has openly expressed his support for the move by the United States to slow China's chip development.

"I have no quarrel with that. In fact, I might say I support it," said Mr Morris Chang, the retired foun-

Semiconductor Company, der of Taiwan Manufacturing TSMC, while discussing Washington's chip restrictions on China.

Although he did not elaborate, the 91-year-old, who remains an influential figure in the industry, expressed his backing for the US' China policy multiple times at an event hosted by Taiwan's CommonWealth Magazine in Taipei on Thursday.

"There's no question in my mind that, in the chip sector, globalisation is dead," he said.

"Just look at the way China has been embargoed and the entity list... and I agree with that," he said, referring to Washington's slew of export curbs designed to choke off Beijing's access to chips and ultimately block its tech ambitions.

Semiconductors, or chips, are the critical components used to power everything from smartphones to refrigerators to cars.