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Only time will tell whether that shop is valuable. The only reason they started doing that was because the US pressured them into it — it wasn't for economic re
by FooBarWidget 6y ago
Only time will tell whether that shop is valuable. The only reason they started doing that was because the US pressured them into it — it wasn't for economic reasons.
- adventured 6y agoIt was for economic reasons on both sides. Political pressure from the US often has economic consequences. The two things are rarely not connected, especially when you're the size of Taiwan and dealing with the US (your sole protector on the planet, the only thing standing between you and getting Hong Kong'd). The US getting cut off from TSMC supply by a China move was unacceptable economically and politically. On the other side, the political relationship with the US has all sorts of economic ties for TSMC and Taiwan. So you can plainly see, the economics of it are connected all up and down the context. They cannot be separated.
- bllguo 6y agothe point is that the plant would not happen without US pressure, so it is primarily motivated by geopolitical concerns. If you buy that, it's not much of a stretch to question how much effort TSMC will put into the Arizona plant, given the mess of conflicting incentives