Tech3 | Taiwan tragedy impact on supply chain; Sachin Bansal eyes war chest for Navi; and more

One quick thing: Byju's seeks arbitration in dispute with investors

In today’s newsletter:?

• Taiwan quake may not impact India electronic prices
• Sachin Bansal eyes war chest for Navi
• Sameer Nigam sounds alarm on digital competition bill

Taiwan quake may not impact India electronic prices

When Taiwan sneezes, the world catches a cold.?

If you find something is amiss in the above line, it might mean you aren’t aware that the Southeast Asian island nation serves over 60% of the global chip demand.?

• Nearly 90% of high-end AI chips that make ChatGPT possible are produced here

Driving the news:?Although chip factories in Taiwan were disrupted by an earthquake yesterday, the Indian industry said it won’t impact prices of cars, phones and other electronics ?in the country.

• This is because chip procurement contracts are locked with suppliers at least 3-6 months before they are required by the downstream electronics industry.

• Further, most fabs in Taiwan have become operational after a pause of 6-10 hours, according to analysts

Sensing opportunity in crisis

Fears about the concentration of chip supply in Taiwan could help countries like India, Vietnam, Japan, Germany, and the US, which are trying to attract chipmakers with large subsidies.

“It's time to share the load of Taiwan semiconductor industry. We need more hubs around the world for semiconductor manufacturing,” said an India Semiconductor Mission official.

Mitigation strategy

According to experts, Taiwanese factories were made earthquake resistant for up to a magnitude of 8 on the Richter scale, while the latest tremors measured 7.2.

• Taiwan and its surrounding waters have registered about 2,000 earthquakes with a magnitude of 4.0 or greater since 1980.

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Picture credit: Microsoft Copilot

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