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US-CHINA TENSIONS WILL SLOW GLOBAL CHIP INDUSTRY


The founder of the world's biggest chipmaker, Morris Chang, said on Thursday that increasing tensions over technology between the United States and China will slow down the global chip industry. Chang, who founded Taiwan Semiconductor Manufacturing Co (2330.TW) in the late 1980s, made the remarks at an event hosted by the Asia Society in New York. The company has helped the democratically governed island of Taiwan become the world's leading producer of advanced chips.

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