TSMC has tried to keep a low profile, but between the recent chip shortage and geopolitical tensions, the semiconductor manufacturer has been thrust into the global spotlight. With attacks from China and pressure from the U.S., can TSMC maintain its edge?
The last time the U.S. government tried to foster domestic battery manufacturing, its star company ended up being scooped up by a Chinese conglomerate for a bargain basement price. Now, with an electric vehicle revolution within sight, can the Biden administration avoid the same fate?
A single machine from the Netherlands could catapult China to the leading edge of the semiconductor industry. If the U.S. allowed it, that is.
China controls much of the world’s supply of cobalt, raising fears that the country enjoys an insurmountable edge in developing electric vehicles. But there is a race to innovate cobalt — and China — out of the equation.