TSMC chairman warns of “serious challenges” to semiconductor industry posed by China tensions

In brief: TSMC is once again warning of the problems both it and the semiconductor industry as a whole are facing as tensions between the US and China rise and the prospect of a Chinese invasion of Taiwan grows more likely. TSMC, the world’s largest contract chipmaker, is caught in the middle of the spat between the US and China, which accounted for 13% of the company’s total revenue between April and June. That figure stood at 17% for the whole of 2020, but US sanctions against Chinese companies such as Huawei and the country’s chip industry in general have…