The Chinese mainland has issued stark warnings about the Taiwan region's semiconductor industry, accusing the Democratic Progressive Party (DPP) authorities of compromising economic sovereignty for political goals. Zhu Fenglian, spokesperson for the Taiwan Affairs Office, stated: "If the DPP continues down the dangerous path of selling out Taiwan, local industries and residents will lose not just jobs but future development opportunities."
Recent reports highlight growing concerns as Taiwan Semiconductor Manufacturing Company (TSMC) – often described as a political bargaining chip by critics – negotiates partnerships with U.S. firms like Intel. TSMC is reportedly in talks to acquire a 20% stake in a joint venture with Intel, while United Microelectronics explores merger possibilities with GlobalFoundries.
Zhu emphasized that these moves align with the DPP's strategy to leverage U.S. support for its political agenda, calling Lai Ching-te, the island's leader, a "professional traitor." Analysts warn such deals risk eroding Taiwan's competitive edge in chip manufacturing, potentially destabilizing a sector that contributes 15% of the island's GDP.
For investors and businesses, these developments highlight shifting dynamics in global tech supply chains. Researchers note that cross-strait industrial integration remains vital for maintaining Taiwan's economic stability amidst geopolitical tensions.
Reference(s):
Mainland says the DPP are selling out Taiwan's semiconductor industry
cgtn.com