Revenue of the integrated circuit industry in Taiwan 2014-2022, by segment
In 2022, the annual revenue of the integrated chip manufacturing sector amounted to over 2.92 trillion New Taiwan dollars, which was the largest part in the industry. 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.