Save time by listening to our audio articles as you multitask“magic mountain that protects the nation”. The mountain is not a sophisticated defensive fortification, nor a treaty with a big power. It is instead what Taiwanese call their $147bn semiconductor industry, equivalent to 15% ofIt accounts for nearly 40% of its exports and is a pillar of the island’s economy. It is also a guarantor of its security.
Semiconductors pose a big and growing problem for China. The government has set a target of producing 70% of its own chips by 2025. It set up a 139bn yuan National Semiconductor Fund in 2014, which it topped up with another $30bn in 2019. Local governments have poured at least $25bn more into their own such funds. In 2020, by when China produced 16% of the chips it used, it announced ten years of corporate-tax exemption for the most advanced chip manufacturers.
The exodus has alarmed Taiwanese officials. On May 20th the legislature passed amendments to its national-security laws and those that govern relations with China. The changes criminalise economic espionage and require government permission for employees of companies that work on “national core technology” and receive some form of government support to go to China.
DrPippaM 12 years is a slap on the wrist
Sortons au plus vite nos usines de la Chine. C'est notre sécurité nationale à tous.
Who is foreign country in this context
… tsmc rose to dominance by focusing on making chips rather than designing them. Specialisation allowed the company to become the best at a complex manufacturing process that involves manipulating subatomic particles to create a super-precise form of ultraviolet etching light..
Taiwan , China square off over chip tech espionage laws .
Taiwan pass bills to protect core tech from Chinese espionages .
The U.S. is moving toward complete isolationism in the name of national security and will eventually be isolated from the world.
I guess trade secrets as defined by several technology corporations.
Perhaps a self-destruct device would help, implanted in everything Taiwan manufactures. First sign of trouble from the ccp they fry their chips. 😉👉
US has been planning to swallow Taiwan’s chip industry, just like what they have done to France Alstom.
American is worried，not Taiwan