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TSMC got where it is today because of the Taiwanese government. Same goes for ASML- bled money for decades but the Dutch government grants managed to get them o
by MomoXenosaga 6y ago
TSMC got where it is today because of the Taiwanese government.
Same goes for ASML- bled money for decades but the Dutch government grants managed to get them over the finish line. Canon and Nikon had the misfortune that the Japanese government was too busy saving the economy after the crash.
Government sugar daddies. The dark secret neoliberals don't want you to know.
- YetAnotherNick 6y agoAny source on TSMC needing massive government funding in the start. As much I can find, government gave some funding for the initial research and that it is 80% owned by corporations. > Taiwan Semiconductor Manufacturing Company Ltd. was officially formed in 1987 as a joint venture between the Taiwan government (21%), Dutch multinational electronics giant Philips (28%), and other private investors. Source: https://semiwiki.com/semiconductor-manufacturers/tsmc/1539-a-brief-history-of-tsmc/ https://semiwiki.com/semiconductor-manufacturers/tsmc/1539-a...