TSMC chairman dismisses fears China could seize fabs

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TSMC chairman dismisses fears China could seize fabs
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'Nobody can control TSMC by force': Exec dismisses fears China could seize fabs

The situation is particularly sensitive at present as US House of Representatives Speaker Nancy Pelosi landed in Taiwan yesterday, with Reuters reporting that Chinese warplanes had “buzzed the line dividing the Taiwan Strait on Tuesday before her arrival” by way of warning by China’s leaders against the symbolism of Pelosi’s visit, which sheThe act is seen by China, which under the one-China principle considers Taiwan part of its territory, as provocative.

While Hultquist wasn’t speaking to the risks of a physical threat, he noted,"China is capable of significant cyber attacks inside Taiwan and abroad.”"In terms of the China business, it today [comprises] about 10 percent of our business... we only work with consumer - we don’t work with with military – we only work [with the] consumer market, Liu says.

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