Part 3/11:
This urgency paved the way for TSMC’s establishment, which focused solely on semiconductor manufacturing, sparking a global revolution in chip production. By the end of 2022, TSMC had claimed a staggering two-thirds of the semiconductor market, making it an indispensable player in global supply chains and a critical asset for Taiwan's security. The industry has since been referred to as Taiwan's "silicon shield," safeguarding its autonomy against external threats.