I would like tentatively to share the contents of the report by Gregory Arcuri, a research intern with the Renewing American Innovation Project at the Center for Strategic and International Studies in Washington, and Samantha Lu, a research intern with the China Power Project at the Center for Strategic and International Studies.
Their theme is “Taiwan’s Semiconductor Dominance: Implications for Cross-Strait Relations and the Prospect of Forceful Unification.”
Russia’s war in Ukraine has generated considerable concern around the world about the prospects of a Chinese invasion of Taiwan.
Even as ongoing hostilities wreak havoc on international commodity markets, Taiwan’s status as a critical node in the global semiconductor supply chain means a Chinese invasion would have unparalleled consequences for the global economy, which heavily relies on Taiwanese-made semiconductors to function.
So, what events have led to Taiwan’s dominance in the global semiconductor market, and why is its continued security under threat?