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
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.