The Rise of Taiwan’s Semiconductor Industry: A Unique Success Story

Taiwan’s chip superstardom is a result of decades of laborious work by its engineers and a secret sauce that the island has honed. Today, Taiwan manufactures more than half the chips that power our lives, making it nearly irreplaceable in the global semiconductor industry. However, China’s desire to secure the most advanced chips has put Taiwan’s dominance at risk. The manufacturing process relies on a complex web of economic ties, and the escalating US-China rivalry threatens to disrupt the supply chain. This article explores Taiwan’s path to chip superstardom, the challenges it faces, and the potential impact on the global semiconductor industry.