Land of Semiconductors Under Threat
With China's largest military drills taking place within Taiwan's territorial air and maritime space, global business's attention was turned toward the nation's chip industry. We explore what impact a Taiwan Strait contingency would have globally, and what the country's world-leading semiconductor manufacturer must do to survive. We also take a deep dive into the possibly game-changing U.S. CHIPS Act. The Act encourages big chip players to build factories on American soil in a bid to counter China’s rise. Does it force the semiconductor industry to pick a side? Learn why the founder of TSMC, Morris Chang, is pessimistic about its expansion in the U.S. and Japan. In this new era, how will TSMC maintain its edge? And is the recent slew of meetings between U.S. officials and TSMC, including U.S. House Speaker Pelosi, a sign of the pressure being exerted on TSMC to make chips in the U.S.? In this episode, Wu Chih-i, Vice President of Taiwan’s state-sponsored Industrial Technology Research and Roy Lee, Deputy Director of the Taiwan WTO Center at Chunghwa Institute for Economic Research, join us to discuss the intense global competition facing Taiwan's chip industry. We also speak to Stephen Ezell, Vice President of Global Innovation Policy at the Information Technology and Innovation Foundation in Washington.
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