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Why Is Taiwan So Good At Chip Manufacturing?

November 4, 2022


The year before my trip, in 1997, TSMC was rated No.190 in the FT 500 list of the world’s largest companies – higher than Volkswagen, Toshiba, Guinness and GEC – with a stock market worth of $20 billion.

That success sparked off a Taiwanese revolution.

Two tears before, in 1996, on a previous visit to Taiwan, the founder and CEO of UMC, Bob Tsao, had taken me aback by saying that the company – Taiwan’s oldest chip company – was switching from making proprietary products to becoming a pure-play foundry.

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