huangthomas

Why Investing in Taiwan Will Help Fix China’s Broken IC Industry

Over the last decade or two, there are many countries try to emulate the success story of Taiwan Semiconductor Manufacturing Corp. They all failed (Singapore/Chartered Semiconductors, Hong Kong, Borneo,.....etc.). The first Chairman and CEO of TSMC, Morris Chang was a vice president of Texas Instrument, COO and CFO are all Americans. It was ran like an American company and staffed with Taiwanese high tech graduate students from silicon valley. And the timing is everything. I always wonder if success story of Morris Chang and TSMC can be repeated anywhere.

Why Investing in Taiwan Will Help Fix China’s Broken IC Industry

Taiwan just announced semiconductor technology and manufacturing is off limit to mainland investment and investment in telecoms requires government review. It probably will be turn down for national security reasons. Taiwan stock market already responded well to the inflow of mainland capitals.