TSMC founder Morris Chang speaks at a forum hosted by the United Daily News (UDN) Group in Taipei, Taiwan, on Wednesday, April 21, 2021. Photo: Bloomberg
TSMC founder Morris Chang says China’s semiconductor industry still five years behind despite decades of subsidies
- Chang said chip making is a vital industry for Taiwan, with a profound impact on the daily lives of its people, the island’s economy, and national defence
- Samsung Electronics remains TSMC’s biggest rival in outsourced wafer fabrication, with South Korea enjoying many of the same advantages as Taiwan, he said
TSMC founder Morris Chang speaks at a forum hosted by the United Daily News (UDN) Group in Taipei, Taiwan, on Wednesday, April 21, 2021. Photo: Bloomberg