Media Mention: Council President talks about Taiwan and TSMC on NTD Business
TSMC in my opinion has become the most important semiconductor company in the world. Why? Because its process technology is the best, and the companies that need semiconductor chips manufactured at the highest levels – 5 nm, 3 nm, 2 nm, and so on – will need to go primarily to TSMC.
Semiconductor chips are important because they’re used in a lot of modern technology. This includes things from phones and cars to fighter jets to missile defense systems.
It’s less risky for them potentially to pursue a blockade scenario of Taiwan’s airspace and sea space. … The West would be forced to try and break the blockade, where Taiwan’s production would not necessarily be brought offline but it would be cut off. Pressure would build on the rest of the world. This would disable chip production for the entire world, and the West would have to accommodate China as a result.
Source: NTD Business