Taiwan on China's rare earths curbs: Could affect global supply chains
Taiwan's economy ministry stated that China's new rare earth export restrictions will not disrupt the island's semiconductor industry. The controlled elements differ from those used in chip manufacturing, with Taiwan sourcing its needs from Europe, the US, and Japan. While the chip sector remains unaffected, China's curbs could impact global supply chains for electric vehicles and drones.
Taiwan's economy ministry stated that China's new rare earth export restrictions will not disrupt the island's semiconductor industry. The controlled elements differ from those used in chip manufacturing, with Taiwan sourcing its needs from Europe, the US, and Japan. While the chip sector remains unaffected, China's curbs could impact global supply chains for electric vehicles and drones.
