Chips

Morris Chang: the microchip mogul caught between Biden and Xi

At the centre of the world’s tech sector sits a Taiwanese chip tycoon most people have never heard of. Morris Chang is the founder of the Taiwan Semiconductor Manufacturing Company, the world’s biggest chipmaker. He became rich and powerful by making chips the rest of the world can’t live without. And as the world’s semiconductor industry is being reshaped by Chinese and US efforts to control the future of chip technology, Chang finds himself courted by the world’s most powerful governments but also under pressure amid an escalating geopolitical clash. The tale of Morris Chang is not only a story of visionary entrepreneurialism and technical brilliance Though TSMC is far from

Joe Biden has jolted China

The chip war between China and America is heating up, with an increasingly assertive Joe Biden battling with Xi Jinping as he enters his third term as Chinese leader. The US last week further restricted China’s access to advanced American know-how, in what were some of the most stringent export controls for decades. Xi didn’t mention semiconductors in a speech on Sunday marking the opening of the Communist party’s twice-a-decade congress in Beijing, but he did pledge that China would ‘resolutely win the battle in key core technologies’. To compete with the US, China will need better tech. These new export controls will make Xi’s vision much harder to achieve. Joe