Last week, former US President Donald Trump made controversial remarks accusing Taiwan of taking over the computer chip industry from the United States. However, industry experts clarify that Taiwan's success in semiconductor manufacturing was not due to theft but rather a result of strategic planning, hard work, and investment.
The foundation of Taiwan's semiconductor industry can be traced back to Morris Chang, the founder of Taiwan Semiconductor Manufacturing (TSMC) in 1987. Chang's innovative business model of a 'pure-play foundry,' focusing solely on manufacturing chips based on client designs, revolutionized the industry.
