Taiwan Semiconductor Manufacturing Company (TSMC) chairman Mark Liu speaks during an interview in Hsinchu, Taiwan August 31, 2018. Picture taken August 31, 2018. REUTERS/Tyrone Siu
HSINCHU, Taiwan: In late August, the new chairman of chip-making titan Taiwan Semiconductor Manufacturing Co, Mark Liu, got the sort of news that would make any boss smile: his biggest competitor was throwing in the towel.
Just under three months into Liu’s tenure, rival GlobalFoundries had announced that it would not compete in the latest generation of chip-making technology. It was a reminder of just how dominant TSMC has become in manufacturing chips for other companies, a business it all but invented.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
