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Taiwan Government own 48% of TSMC stock at it founding. TSMC is not a product of free market capitalism. It is a product of the Taiwanese state. Source: Chip
by dsr3 3y ago
Taiwan Government own 48% of TSMC stock at it founding. TSMC is not a product of free market capitalism. It is a product of the Taiwanese state.
Source: Chip Wars (2022)
- dv_dt 3y agoThen it's a shame the not only US capitalism and world capitalism is incapable of investing in the long term. Though I'm fine with government support as long as the outcomes return a fair share of the benefits of the private venture back to the government.