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TSMC can help 'stabilize' U.S.-China relations: chairman

Mark Liu argues thriving chip industry will have positive effect on geopolitics

TSMC Chairman Mark Liu briefs shareholders at the company's annual general meeting on June 6 in Hsinchu, Taiwan.

HSINCHU, Taiwan -- The chairman of Taiwan Semiconductor Manufacturing Co. on Tuesday sought to ease concerns that U.S.-China tensions pose a threat to the world's largest contract chipmaker, arguing that his company can in fact play a role in improving relations between the two superpowers.

TSMC Chairman Mark Liu said if Taiwan's chip industry as a whole -- the second-biggest in the world by revenue after the U.S. -- continues to thrive, it would have a positive effect on geopolitics.

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