Financial Times: How a Taiwanese chipmaker became a lynchpin of the global economy

March 24, 2021

In a crucial time of supply shortages and global competition, the Taiwan Semiconductor Manufacturing Company is the dominant player in global chip production. The manufacturer on the Chinese contested island has risen to prominence as the leader in semiconductor manufacturing, boasting a sizable advantage in technical prowess and production capacity over its closest rival, U.S-based Intel.

For U.S Automakers, this means increased competition amongst the supply base and crippling price spikes. Almost all new vehicle features rely on these vital components, leaving OEM’s scrambling to source the parts and cementing TSMC as the company with the power to decide the fate of the U.S Auto industry.

Seraph CEO Ambrose Conroy weighs in on how the shortage could cripple Automotive supply chain networks and purchasing departments for years to come.

Read the article on the Financial Times website.

Have a Story?

If you are a journalist or other media professional, use the contact information below to get in touch with Seraph and our team members. If you are not a member of the media, please use our contact us form.

Email or +1 (978) 729-3542

About Seraph 

A global enterprise consulting firm that partners with business leaders to handle their most complex problems in areas such as supply chain, operations, and manufacturing challenges while delivering long-term operational and leadership improvements. Seraph has extensive on-site industry experience in the automotive, private equity, defense, medical device, electronics, energy infrastructure, and engineering sectors. The Seraph leadership team brings vast expertise across; crisis management, mergers, acquisitions, due diligence, restructuring, turn-around services, product launches, and logistics. Our four-phase process has been proven to provide quick payback and positive ROI, which is measured throughout customer engagement. Learn more at www.seraph.com and follow Seraph on LinkedIn.

Related Articles

Scripps News Tonight: UAW Strike Impacts on Automakers

Scripps News Tonight: UAW Strike Impacts on Automakers

At the stroke of midnight last Friday (9/15), the United Auto Workers union initiated the strike against the prominent Detroit automakers. This labor action saw employees cease their work at three manufacturing facilities situated in the United States. The UAW...

Inc.: China’s Economic Woes Are Impacting Small Businesses

Inc.: China’s Economic Woes Are Impacting Small Businesses

China's economic challenges are impacting global supply chains, causing concerns for businesses that rely on it for manufacturing. Factors such as labor shortages, production delays, increased demand, and ongoing lockdowns in China have disrupted supply chains since...