Not just at a local level global supply chains, It is useful not to ignore the possible consequences of this earthquake, which are also felt in terms of economic stability and technological innovation.
Let’s consider possible scenarios while remembering that Taiwan is more than we think. We hope that the loss of life will be minimal The global economy will not be deeply affected results this way.
Since Taiwan is the largest player in the semiconductor market, serious supply chain disruptions could occur.

That of Taiwan leadership in semiconductor manufacturing, making it indispensable to the global technology market. Based in Taiwan TSMC (Taiwan Semiconductor Manufacturing Company) is a leading company that handles the majority of semiconductor manufacturing worldwide. Including the processors of the iPhones you use…
TSMC; It is the largest manufacturer of microchips that are crucial for a wide range of products such as smartphones, computers and car electronics. This company is the world’s largest semiconductor approximately 54% of the market holdings, making it the largest player in this field.

Physical damage that may occur due to the Taiwan earthquake, which affected the transportation infrastructure, people’s panic and many other reasons, can cause significant delays in production. This could cause disruptions in the global supply chain of a wide range of products, from smartphones to cars.
Any interruption that occurs in the production capacity of companies such as TSMC, in the global electronic markets can cause major problems. For example, the global chip shortage in 2020 and 2021 has negatively impacted many sectors, from automotive manufacturing to consumer electronics.
We may experience economic fluctuations.

About 70 percent of the country’s economy; It is based on earnings from the export of goods such as technology products, computers, consumer electronics and especially semiconductors. Total export value in 2023 More than $800 billion This makes Taiwan one of the twenty largest exporters in the world.

Taiwanese companies; Apple, Dell, Acer, HP and other major leading consumer electronics brands Their long-standing relations with Turkey are also a cause for concern. This is of great importance not only for companies, but also for consumers. Because disruptions in semiconductor production can cause delays in the supply of electronic products on a global scale, but also for various reasons such as higher production costs. price increases It can also make us see.
Disruptions may also occur in many technological developments, such as artificial intelligence and 5G.

Taiwan, American IC design company It creates a supply chain by offering semiconductor manufacturing. This is like artificial intelligence, 5G in high-end computer technology It means it has an effect.
Taiwan’s role is not only important in the field of electronics, but also in the field of textiles. Taiwan is the fifth largest exporter Production of many brands such as Adidas and Nike is being done. We no longer know how much an Adidas shoe will cost us.
In addition to price increases and fluctuations, the earthquake could have a broader impact, not just on technology. Considering the country’s place in the global economy, growth rates can be influenced, Instability may occur in the broad financial markets.
More specifically, the Taiwan earthquake may also upset iPhone users.

One of the countries that produces everything from Apple’s processors to cases is Taiwan, which comes in second with a 23 percent share. Core processors, Wi-Fi chips, The most valuable components, including 5G modems and premium camera lenses, are produced by Taiwanese companies.
The total parts list of the iPhone about $200, or 36 percent Any failure in the chips from the Taiwanese companies that make it up could cause losses of about $500 billion for these supply-dependent electronic device makers. We all know what this means, right?
We hope that Taiwan, which has a complete supply chain from printed circuit boards to chips, lenses and the assembly of the electronic brands in our lives, will survive this earthquake with minimal damage.
Sources: Financial Times, CSIS
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