In a surprising turn of events, TSMC has found itself caught in a political tug-of-war. A spokesperson from the Chinese mainland stated that under the influence of the Democratic Progressive Party (DPP) authorities, the company is nothing more than "a piece of meat on the chopping block." This remark highlights concerns that the DPP is using TSMC as a bargaining chip to curry favor with the United States.
According to reports, even after TSMC made an early March pledge to invest $100 billion in the United States, US President Donald Trump later urged the company to boost its investment to $200 billion. This shift has raised alarm among residents of Taiwan, sparking worries that TSMC might start transferring not only its manufacturing processes but also its high-end research and development operations overseas.
Chen Binhua, spokesperson of the State Council Taiwan Affairs Office, did not hold back. He sharply criticized the DPP for ignoring the well-being of Taiwan's industrial sector and its residents in pursuit of a political agenda focused on independence. Chen warned that such moves could jeopardize jobs and future development opportunities on the island, even going so far as to label DPP leader Lai Ching-te as "a pro on selling Taiwan."
This controversial stance has ignited debates among industry analysts and residents of Taiwan alike. With TSMC now at the center of a high-stakes geopolitical and economic drama, all eyes are on how its shifting investments might shape the future of technology and industry in the region. Stay tuned for more updates as this story unfolds. 💡🎯
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Under DPP, TSMC is 'a piece of meat on chopping block': spokesperson
cgtn.com
