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The incredible history of TSMC, this Taiwanese electronic chip giant that China depends on

1:eh In August, when Nancy Pelosi drew the ire of the Chinese government by landing in Taiwan, Mark Liu, the head of global chip giant TSMC, issued a warning without charge. “No one can control TSMC by force.” he warned in an interview with CNN. A true warning shot intended to alert the entire world to the consequences that a Chinese invasion would have on its factories, 90% of which are located in Taiwan. The Taiwanese boss does not weaken his words. he would prefer to return his industrial facilities “idle” rather than leaving them in the hands of the Chinese. Such an event would cripple the global economy.

The planet depends on its foundries (factories) that produce the most advanced semiconductors. They are present in our smartphones, our computers and all electronic products, from cars to the weapons industry. If TSMC’s factories were to close, it would not only…

Source: Le Figaro

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