How Did Taiwan Take Over the Chip Industry?

Semiconductors, namely chips, have become indispensable elements of our modern world. the key to our digital world. Although they may seem quite small, the fact that they are the fourth most traded commodity in the world proves how big an impact these small items actually have.

Taiwan, on the other hand, continues its leadership in the sector as an island that has virtually become a chip factory. More than 60% of chip production Taiwan creates a worldwide impact with its strategic expertise and logistics capability in this field. So how did Taiwan come to dominate this sector?

Taiwan’s chip industry adventure begins in 1974.

At that time, due to the difficult political and economic conditions, the government decided to reorganize the economic structure of the island. Taiwan Technology Research Institute (ITRI) It’s drying.

ITRI, which plays an important role in the development of Taiwan’s technology industry, great contribution to the country’s economy provides.

The chip development studies started in Taiwan first chip company This leads to the laying of the foundations of United Microelectronics Corporation.

However, founded by Morris Chang in 1987 Taiwan Semiconductor Manufacturing Corporation (TSMC) It manages to become Taiwan’s real semiconductor giant.

Taiwan Semiconductor Manufacturing Corporation (TSMC) is responsible for approximately 54% of global semiconductor chip production!

Apple, Qualcomm and Nvidia Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest foundry serving large technology companies such as 54% It creates.

In other words, the economy of Taiwan, which is the center of chip production, This sector is based on exports It wouldn’t be wrong to say either.

By 2022, Taiwan’s chip exports will account for approximately It was equivalent to 25%.

Let’s make a comparison to compare the magnitude of the ratio we are talking about.

If we look at a large industry such as the oil industry, the country with the highest production rate among the countries operating in this sector has 18.5%!

Taiwan on chips, according to The Economist owns 60% of this industry!

With both its qualified workforce and government support, Taiwan has become a leader in this sector.

Paying competitive wages to its engineers and technicians, Taiwan has become an attractive country for qualified workforce. The government also encourages R&D studies paved the way for the development of the sector.

Taiwan, which has strengthened its place in the sector with various institutes and research centers established in this regard, It’s literally the chip capital of the world!

Taiwan dominates the chip industry in every sense. What if we even said that Nvidia and AMD are cousins?

Taiwan’s influence in this sector is undeniable. For example, two rival companies The founders of Nvidia and AMD are also Taiwanese.

Nvidia CEO Jensen Huang and AMD CEO Lisa Su first cousin!

This rival duo at family dinners We’re really curious about what you’re talking about!

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