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Acquired

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Taiwan's Semiconductor Renaissance

This chapter examines Taiwan's strategic transformation in the semiconductor industry during the mid-1980s, highlighting its shift from low-margin industries to advanced technology development. It discusses the establishment of the Industrial Technology Research Institute (ITRI) and the pivotal role of key figures like Morris Chang in founding TSMC. The narrative unfolds the challenges faced by Taiwan's economy amidst skepticism toward government-led innovation initiatives and the evolution of a pure play foundry model.

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