Firms face China challenge: C.C. Wei

NEW DEVICES:The nascent adoption of artificial intelligence is presenting TSIA members with enormous business opportunities, the TSMC cochief executive said

Taipei Times
Date: Nov 16, 2017
By: Lisa Wang  /  Staff reporter, in HSINCHU

Taiwan’s semiconductor industry is bracing for escalating global competition amid rising

Taiwan Semiconductor Industry Association chairman C.C. Wei — also cochief executive officer of Taiwan Semiconductor Manufacturing Co — gives a speech at the association’s annual meeting in Hsinchu County yesterday.  Photo: CNA

protectionism and the ascension of China, Taiwan Semiconductor Industry Association (TSIA, 台灣半導體協會) director-general C.C. Wei (魏哲家) said yesterday.

Wei made the remarks during his opening speech at the annual TSIA meeting in Hsinchu.

Wei also serves as cochief executive officer of Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) and is to become the sole chief executive of the chip supplier to Apple Inc in June next year in the company’s latest succession plan.

TSIA members are being presented with enormous business opportunities primarily from the nascent adoption of artificial intelligence, which is expected to be widely applied to virtual reality and augmented reality devices, the Internet of Things and self-driving cars, Wei said.    [FULL  STORY]

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