3min chapter

Foreign Policy Live cover image

Why Taiwan Has a Lock on the World’s Chip Market

Foreign Policy Live

CHAPTER

The Unique Business Model of TSMC

TSMC produces 90% of the world's most advanced processors chips. The company was founded over three decades ago by an entrepreneur named Morris Chang. Almost everything is designed so that it matches with TSMC's process, he says. "It's hard to imagine another industry where one company has a 90% sort of monopoly"

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