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Politico.eu.com | Why Europe needs Taiwan
Human life? What human life?? US, Europe's tech supply chain is at risk in the CROSSFIRE.
For now, China has restricted its longer-term retaliation to banning [mainland] exports of sand to the island, along with [mainland] import of citrus fruits, chilled white scallops and frozen mackerel from Taiwan to the mainland.

But the risk for Taipei -- western companies that depend on Taiwanese chip manufacturing -- is that Beijing's future measures will be far tougher, such as a COMPLETE BLOCKADE or even a Chinese INVASION [of China].

Machinery and appliances made up almost 60 percent of EU imports from Taiwan last year. The biggest worry for European businesses would be the sudden cut to supplies of electronic chips, produced by the world's biggest semiconductor company ...The problem for Europe is that it has built up its DEPENCY on [SUPER CHEAP] Taiwanese chips over many years, but a CHINESE ATTACK could instantly wreck a vital supply line, with little or no warning. So how can the EU protect itself against such a risk [to 'value added' commerce within the Single Market] ?

wait for it ...
LURE certain producers into manufacturing commitments [to national security] on the European continent.
where proven iPhone mineral and metal reserves are abundant and CHEAP?
While Europe has BAGGED new investments in recent months -- by companies such as Intel in Germany and STMicroelectronics and GlobalFoundries in France -- TSMC still hasn't committed to [building] a European fabrication plant [in EU27], choosing to open one in Japan and Arizona in the U.S. instead.

And that's a massive blindspot [sic], [VC, Acorn Computer founder Hermann] Hauser said. "Unfortunately, at the moment we seem to try and do this shift with Intel, and Intel just doesn't have the technology. We need to do it with TSMC and Samsung. I don't understand why we're not having more serious discussions with Samsung and TSMC," he said.

CNBC | WTO sales sheet, 16 Oct 2021
by Cat on Sun Aug 7th, 2022 at 11:58:40 AM EST
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