Taiwan Semiconductor Manufacturing Company: A Key Chip in the Global Political Economy

Abstract

Taiwan Semiconductor Manufacturing Company (TSMC) has become the world’s most important semiconductor chip manufacturer, thanks to greater trade and investment liberalisation, Taiwan’s pool of high-quality engineers and TSMC’s unique and dedicated model of chipmaking. As TSMC’s dominance is unlikely to be replaced anytime soon, the world’s heavy reliance on “Made in Taiwan” chips will continue to place the democratic island at the centre of the global political economy in the foreseeable future.