TSMC seeks chipmaking tools without Chinese rare-earth magnets

TSMC has begun asking equipment suppliers for fab automation motors that avoid rare-earth magnets, aiming to cut reliance on China, which controls about 90% of rare-earth refining. The move follows Chinese export controls imposed in 2025 and expanded in October.

• China accounts for about 70% of rare-earth mining and up to 95% of finished magnets
• China's controls on seven rare earths took effect in April 2025
• The October expansion is suspended until November 2026
• Taiwan aims to cover 50% of domestic rare-earth demand within three years via ITRI