"Everyone is currently talking about business continuity plans," said Terry Tsao, president of the SEMI Taiwan industry group. "A small portion of companies have only started to make these plans recently. From what I've heard, most are foreign companies." Forty percent of respondents polled by the American Chamber of Commerce in Taiwan the week after Pelosi's visit said their companies were revising or about to revise their crisis contingency or continuity of operations plans in Taiwan.
"No-one really ever highlighted any kind of military action in their business continuity plans and now they are," he said. Unsettled by the Chinese drills, which showed how easily Taiwan could be blockaded, management had launched efforts to plan for disruption in supplies and other scenarios, he said: "I don't think anybody believes the political environment is going to get any better."
"No-one really ever highlighted any kind of military action in their business continuity plans and now they are," he said. Unsettled by the Chinese drills, which showed how easily Taiwan could be blockaded, management had launched efforts to plan for disruption in supplies and other scenarios, he said: "I don't think anybody believes the political environment is going to get any better."
Analysis-Chip industry rethinks Taiwan risk after Pelosi visit but options limited
Chinese missiles flying over Taiwan and naval drills in the Strait in August that simulated a blockade by China have jolted the semiconductor industry into contemplating what once seemed a remote possibility: war over the major chip-producing island. From drafting contingency plans to inquiring...
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