Here’s How A Taiwan-China War Will Affect Americans And Their Macbooks
Speaking to CNN’s Fareed Zakaria, the chairman of Taiwan Semiconductor Manufacturing Co. (TSMC) Mark Liu, said a war between China and Taiwan would only yield losers, adding that an invasion could force the company to stop its operations.
The CNN interview was released Monday.
“Nobody can control TSMC by force. If you take a military force or invasion, you will render TSMC factory not operable,” Liu said in the interview.
“Because this is such a sophisticated manufacturing facility, it depends on real-time connection with the outside world, with Europe, with Japan, with U.S., from materials to chemicals to spare parts to engineering software and diagnosis.”
Should China invade Taiwan, Liu said the North American electronics industry would be hard hit. North America represents roughly 65% of TSMC’s revenue.
China also accounts for 10% of the company’s profits and risks creating turmoil in its own economy should it invade Taiwan.
Liu’s remarks were aired as tensions between China and Taiwan have escalated over the past few days as the U.S. Speaker of the House Nancy Pelosi visits Taipei.
China condemned Pelosi’s visit to Taiwan and responded to what it perceived as a “threat to peace and stability” by sending 21 Chinese warplanes into Taipei’s air defense zone and suspending several agricultural imports from Taiwan.
Danielle Ong / IBT