Two companies will guide global supply chains
As TSMC and Foxconn expand their footprints across the world, other players will need to follow
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A SPLINTERING of global supply chains, driven by both political and business considerations, has hundreds of manufacturers and logistics providers debating where to go next. They would be well advised to take their cues from two Taiwanese companies who have led the charge.
Taiwan Semiconductor Manufacturing Co (TSMC) is the world’s largest maker of chips, with clients including Apple, Nvidia Corp and Advanced Micro Devices. Foxconn Technology Group, whose flagship is Taipei-based Hon Hai Precision Industry Co, assembles those components into end devices.
Apple’s iPhones and Nvidia’s artificial intelligence servers are among the most famous of Foxconn’s products, but its reach extends into industrial sectors including Tesla cars, factory automation systems provider Siemens and even an Israeli satellite maker.
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