In February 1974, the Prime Minister of Taiwan met with a small group of experts and together they came to a conclusion: the country had a difficult time with the economic strategy of the time, and they had to make a bet on the future. That bet They were, of course, the semiconductors.
That famous meeting marked a before and after for a country that has a very delicate geopolitical situation. China considers it a rogue state, but while they have their own government and currency.
Despite this tension, Taiwan has managed to become a strategic partner of countries such as the aforementioned China or the United States, and in both cases for the same reason: chips.
Taiwan has managed to become a absolute giant in the semiconductor industry, and this is demonstrated by the company that It is the crown jewel of the country: TSMC (Taiwan Semiconductor Manufacturing Company).
Since it was founded in 1987, the company has grown and its alliance with Apple in the early 2010s has proven crucial to its current dominance.
But before all that happened, Taiwan went through a complicated process that included wars and dominance by Japan for nearly half a century. In this episode of Crossover we precisely analyze the history of this peculiar island and how it faces a future that, even with its current position, is full of challenges.
On YouTube | Crossover
In Xataka | TSMC’s only problem was that it was in Taiwan. So the United States has decided to get her out of there
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