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Explore within a 160km radius of central Taiwan and you would stumble across some of world’s most majestic mountains, breathtaking lakes and awe-inspiring valleys. You would also find 95 percent of the world’s most advanced chipmaking.
While lacking the same postcard views as Yushan or Sun Moon Lake, Taiwan Semiconductor Manufacturing Co (TSMC) is still a treasure. The company went from being the upstart of a government industrial think tank to the most crucial chip supplier in the world, but even as it has grown into a US$540 billion company, management has stubbornly kept all state-of-the-art manufacturing capacity at just three