From smartphones to satellites, semiconductors power the modern world. At the heart of this global industry lies Taiwan, which is responsible for approximately 60% of the world’s chips and around 90% of its most advanced ones.
The global chip supply chain is a complex, interdependent network. Taiwan dominates manufacturing. The Taiwan Semiconductor Manufacturing Company (TSMC), based in Hsinchu, is the world’s largest contract chipmaker, producing cutting-edge chips for tech giants such as Apple and Qualcomm.
Chipmaking is costly and complex. A single fab can take years and billions of dollars to build. Taiwan’s expertise, infrastructure, and skilled workforce give it a vital edge.