Power Play

Taiwan chips loom large in US-China tech war

Taiwan's outsized role in the semiconductor industry raises strategic questions of dependence on the island as a source of chips, which now power everything from smartphones to missiles. •Power Play is a weekly column that looks at various facets of US-China rivalry and its implications for Asia.


The world's biggest contract chipmaker, Taiwan Semiconductor Manufacturing Co (TSMC), is on a roll.

Its fabrication plants are humming at full capacity and sales are at a record high, with last year's sales hitting NT$1.339 trillion (S$63 billion) - a 25.17 per cent increase over the previous year. Its largest market is the United States, making up 61 per cent of its total sales, while China comes in second with a 17.45 per cent share of its sales.

Please or to continue reading the full article.

Get unlimited access to all stories at $0.99/month

  • Latest headlines and exclusive stories
  • In-depth analyses and award-winning multimedia content
  • Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*

*Terms and conditions apply.

A version of this article appeared in the print edition of The Straits Times on April 19, 2021, with the headline 'Taiwan chips loom large in US-China tech war'. Subscribe