TECH - Amid Creeping Chinese Threat Taiwan's New Tech Minister Expresses Confidence TSMC Can Guard Its Secret Sauce | Benzinga
In the face of growing threats from China's Xi Jinping administration, Taiwan’s new Minister of Science and Technology, Wu Cheng-wen, is confident that the island’s most crucial company, Taiwan Semiconductor Manufacturing Co. (NYSE:TSM), will be able to protect its proprietary advanced technology as it expands overseas.
What Happened: Wu, a chip expert educated in the U.S., downplayed concerns about Taiwanese technology moving overseas, reported Bloomberg.
TSMC, the world’s leading manufacturer of advanced chips, is establishing factories in the US, Japan, and Europe. Wu expressed confidence in TSMC’s ability to operate in foreign territories while safeguarding the secrecy of its most advanced technology at home.
See Also: Satya Nadella, Microsoft Leading ‘AI Arms Race,’ Says Tech ...