Not affected by the US-China trade war, Taiwanese manufacturers may benefit

The US-China trade war is about to start. Miao Fengqiang, chairman of Lianhua Shentong Group, pointed out that the Taiwan market is small and open. When the world is moving away from the open model, some leaders believe that the original open model has suffered and wants to establish Separate FTA, such an FTA is more time-consuming, but may be better for some countries. For Taiwan, hope is not affected, but it may be inevitable. Miao Fengqiang was elected as a new academician of the ITRI on the 5th. After the ceremony, he responded to the media’s question about the US-China trade war. He pointed out that Taiwan’s own market is not big, and opening up is good for Taiwan. Originally, the world is also taking an open model, but now suddenly, some The leader, who believes that the original open model is suffering, wants to build a lot of separate FTAs. He pointed out that the separate FTA, it takes a lot of time, but for some countries, there may be some benefits, we still hope that it is better to take the open route, Now that the US technology industry is quite leading, some measures have been taken, which has caused some countries to be injured. For Taiwanese manufacturers, it is a country with a very high supply chain and added value. I hope that this time will not be affected, but It may be inevitable. As for the US-China trade war, will it affect the investment layout of Lianhua Shentong Group in the mainland? Miao Fengqiang clearly pointed out that it will not, because each base has its own status, in the past, Lianhua Shentong’s factory in the mainland , is a cost center, using some advantages of the mainland to replace global competitiveness, but the future will also become a profit center, because the mainland market still exists. However, when most people are affected by the US-China trade war, some manufacturers may benefit. For example, if the United States does not give ZTE chips, the relative Taiwan Semiconductor will have an opportunity. If Qualcomm does not provide chips, it will be provided to MediaTek. The mainland will also accelerate the development of semiconductor and IC design. It is expected to invest RMB 700 billion. The US-China trade war is beneficial.

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