Annual revenue of integrated circuit products in Taiwan 2014-2023
In 2023, the revenue of the integrated chip products in Taiwan amounted to 1.27 trillion New Taiwan dollars. The region was the world's leading manufacturer of semiconductors and semiconductor-related products. As the world's electronics manufacturers experienced a global chip shortage during the COVID-19 pandemic, many countries reevaluated their reliance on one region as the main source of such an integral ingredient of the modern economy.