At the end of a challenging 2022.
For seven years in a row, according to Bloomberg, citing official statistics, Taiwan’s revenue from the export of integrated circuits has been growing, with a double-digit percentage for the last three years. Last year was no exception – the corresponding figure increased by 18.4%.
Image Source: TSMC
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The question is whether Taiwan can sustain similar core revenue growth going forward as many market segments are glutted and demand paralyzed by macroeconomic concerns. In addition, even TSMC itself has begun to actively build enterprises outside of Taiwan, and other market players also understand the importance of geographical diversification of production. It is possible that the influence of the island will weaken somewhat in the coming years, except for advanced lithographic standards.