TSMC’s leadership says AI is set to overtake smartphones as the semiconductor industry’s biggest growth engine. Speaking at the 2026 Taiwan Technology Symposium, Kevin Zhang projected global chip output could hit $1.5 trillion by 2030, signaling a major shift in how demand is being shaped as AI workloads drive new chip priorities and investment cycles.
Samsung Electronics’ labour union has refused to restart pay negotiations, insisting on transparency in the company’s bonus scheme. The standoff could trigger an 18-day strike if demands aren’t met. South Korea’s government is urging both sides to negotiate, warning that disruptions could harm the country’s chip export engine.
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