Why Taiwan Has a Lock on the World’s Chip Market

06/16/23 • 27 min

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Nearly 90 percent of the advanced semiconductor chips that power the modern world, from high-end smartphones to weapons systems, are made by one company in Taiwan. This monopoly has a profound impact on geopolitics and the global economy. How did we get to this point? And does any other country or company stand a chance at breaking in? To discuss this and much more, FP’s Ravi Agrawal is joined by Chris Miller, the author of Chip War: The Fight for the World’s Most Critical Technology.

Suggested reading:

Rishi Iyengar: Who Will Make the Chips?

Howard W. French: The Risks of the CHIPS Act No One’s Talking About

Elisabeth Braw: Taiwan Needs Business Help to Harden Its Economy Against China

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Suggested reading:

Rishi Iyengar: Who Will Make the Chips?

Howard W. French: The Risks of the CHIPS Act No One’s Talking About

Elisabeth Braw: Taiwan Needs Business Help to Harden Its Economy Against China

Learn more about your ad choices. Visit megaphone.fm/adchoices

Previous Episode

Are Europe and the United States Aligned on China?

A shaky U.S.-China relationship was on display at last weekend’s Shangri-La Dialogue security conference. What does it mean for Europe? Ravi Agrawal is joined by James Palmer, author of Foreign Policy’s China Brief, and Cindy Yu, host of the Chinese Whispers podcast and assistant editor at the Spectator, to discuss how Brussels and Washington differ in their approaches to China—and how Beijing could exploit that dynamic.

Suggested reading:

James Palmer: Why Beijing Won’t Engage With Washington

Reid Smith: Why the U.S.-China ‘Cold War’ Framing Is So Dangerous

Rishi Iyengar and Robbie Gramer: The U.S. and China Are Caught in a Technology Trap

Hal Brands: The Battle for Eurasia

Ravi Agrawal: How Europe is Navigating a Fraught U.S.-China Relationship

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Next Episode

Is India Taking Advantage of America?

In its geopolitical struggle with China, the thinking goes, the United States can rely on India as a key partner. Longtime U.S. policymaker and India analyst Ashley Tellis disagrees: He argues that New Delhi is likely to do only what serves its interests, and that Washington should beware. Is he right? Tellis debates FP Live host Ravi Agrawal.

Suggested reading:

Ashley Tellis: America’s Bad Bet on India

C. Raja Mohan: For Biden and Modi, Interests Prevail Over Ideology

Rishi Iyengar: Why India and the U.S. Are Closer Than Ever

Sushant Singh: Modi Can’t Look Away From Manipur

Ramachandra Guha: The Cult of Modi

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