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A year after US hit Huawei, TSMC hometown basks in property boom

Surging bonuses and profits put pep into Taiwan's economy

Luxury condominiums near TSMC's headquarters: Hsinchu has become a hive of activity over the past year. (Photo by Yu Nakamura)

TAIPEI -- Tighter U.S. sanctions against China's Huawei Technologies announced in May 2020 shifted the global semiconductor supply chain in a way nobody had expected, with a flood of orders enriching Taiwanese foundries and changing the island's landscape.

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