Amid Creeping Chinese Threat, Taiwan's New Tech Minister Expresses Confidence TSMC Can Guard Its Secret Sauce
Portfolio Pulse from Rounak Jain
Taiwan's new Minister of Science and Technology, Wu Cheng-wen, expressed confidence that Taiwan Semiconductor Manufacturing Co. (TSMC) can protect its advanced technology amid growing threats from China. TSMC is expanding its operations overseas while maintaining key R&D functions in Taiwan.
May 22, 2024 | 11:34 am
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Taiwan's new Minister of Science and Technology, Wu Cheng-wen, expressed confidence that TSMC can protect its advanced technology amid growing threats from China. TSMC is expanding its operations overseas while maintaining key R&D functions in Taiwan.
Wu Cheng-wen's confidence in TSMC's ability to protect its technology amid geopolitical tensions is a positive signal for investors. The company's strategic expansion overseas while keeping critical R&D in Taiwan suggests a balanced approach to growth and security.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100