A series about the effect China’s global power is having on nations and people’s lives. Washington this month blacklisted Semiconductor Manufacturing International Corp., accusing it of being a front for the Chinese military and cutting it off from American equipment and investment. That raises the specter of Chinese retaliation against an American company such as Apple, which would in turn hurt TSMC.
Beijing’s suggestion that it might invade Taiwan and return it to Chinese dominion could further imperil TSMC’s freedom. China has long yearned for a company as advanced as TSMC. It has invested billions of dollars and poached hundreds of Taiwanese engineers in a national Manhattan Project-like bid to catch up to Taiwan, South Korea and the U.S. Despite those efforts, China remains years behind and must import all but 15% of its semiconductors, spending more on the technology than on foreign crude oil each year.
Taiwan, U.S., Japan announce priority areas of cooperation for 2021
12/15/2020 09:31 PM
Taiwanese officials and Japanese and U.S. diplomats in Taiwan. Photo courtesy of the Ministry of Foreign Affairs
Taipei, Dec. 15 (CNA) Taiwan, the United States and Japan announced their priority areas of cooperation next year on a platform that can help other countries develop their human resources, according to a joint statement issued by the three sides on Tuesday.
The Ministry of Foreign Affairs (MOFA), the American Institute in Taiwan (AIT) and the Japan-Taiwan Exchange Association (JTEA) co-hosted the 6th Global Cooperation and Training Framework (GCTF) Joint Committee in Taipei that day, according to the statement.
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