What are the challenges in the way of TSMC's global expansion?
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Description
The Taiwan Semiconductor Manufacturing Company, or TSMC, a chip manufacturer headquartered in Hsinchu in northern Taiwan, dominates the semiconductor industry. Statistics show that TSMC accounts for more than half of the total foundry revenue globally. The firm has been in the spotlight recently as it is increasingly part of the tech competition between the U.S. and China. Responding to a request of the American government, TSMC has been seeking to set up factories in the U.S. state of Arizona, as well as in Germany and Japan. What challenges lie ahead for the firm? What does the future of tech hold as it becomes one of the linchpins for an extraordinary power rivalry? Host Liu Kun is joined by Mike Liu, Vice President and Senior Fellow at Center for China and Globalization; Zhengyuan Bo, Partner at Plenum China Research; and Mike Bastin, Senior Lecturer at Southampton Solent University in the UK.
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