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TSMC's bet on global dominance pays off after decades of planning

Chip-starved companies flock hat in hand to Taiwan to beg for more output

Taiwan Semiconductor Manufacturing Co. is looking to expand its plant capacity in Nanjing, China. (Photo courtesy of TSMC)

TAIPEI/TOKYO -- With the global shortage of semiconductors becoming ever more serious, Taiwanese Economic Minister Wang Mei-hua held an unusual meeting with executives from Taiwan Semiconductor Manufacturing Co. on Jan. 24 to relay a plea from numerous foreign governments.

"Is there any way to increase output quickly, somehow?" Wang asked the executives.

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