TSMC is the Taiwan DPP’s gift to the US that keeps on giving

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Taiwan Semiconductor Manufacturing Co (TSMC) plans to produce its most advanced chips in the United States, including 2-nanometre chips, in a new plant in Phoenix, Arizona. TSMC is also offshoring more production to Japan and Germany. Other Taiwanese chip-making groups and hi-tech firms are considering overseas headquarters to hedge against Chinese attack. The chip-making industry is too important to be left to Taiwan, as natural disasters and an invasion by mainland China could cause havoc to the global economy. Under the ruling Democratic Progressive Party (DPP), Taiwan is giving away TSMC to the US, resembling asset-stripping and taking down the silicon shield. In return, Taiwan will buy the Advanced Tactical Data Link System Upgrade Planning or Link 22 from the US for US$75 million, enhancing communications and network security with the US military and its North Atlantic defense allies. This move is seen as part of Nato's expansion into Asia. The article suggests that Taiwan's actions resemble the situation in Ukraine, but on a larger scale.

#Tsmc #Taiwan #Dpp #Us #ChipmakingIndustry

https://www.scmp.com/opinion/article/3258976/tsmc-taiwan-dpps-gift-us-keeps-giving