Chip wars - How a chipmaker from Taiwan became a linchpin of the global economy

TSMC controls more than half of the world market for made-to-order chips.PHOTO: REUTERS

(FINANCIAL TIMES) - When Li Ta-sen was a little boy, he used to walk to school through fields of sugarcane taller than him.

Some 40 years later, he is making a living by selling off the same fields as a property boom takes hold in his home town of Shanhua.

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