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Semiconductors

TSMC's Morris Chang calls on Taiwan to defend its chip industry

Industry veteran says China 'not yet a competitor' despite hefty subsidies

TSMC founder Morris Chang, center, says Taiwan must "hold on tightly" to its leadership in semiconductors. (Photo by Lauly Li)

TAIPEI -- Morris Chang, the founder and former chairman of the world's most valuable chip company, has called on Taiwan and its government to defend the island's semiconductor manufacturing leadership amid a push by the U.S. and China to build up their own chipmaking capabilities.

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