TSMC founder sees trade dispute as 'reality show with no script'
Morris Chang warns top chipmaker faces fierce competition and unpredictable conditions
TSMC's founder Morris Chang and his wife Sophie attend a building dedication ceremony after the new management team decided to rename the company's headquarters in his honor. (Photo by Cheng Ting-fang)
HSINCHU, Taiwan -- Morris Chang, founder of Taiwan Semiconductor Manufacturing Co., said the current Washington-Beijing trade war was a "reality show" that was bringing unpredictable market conditions, with the world's largest contract chipmaker facing fierce and "very complicated" competition that is no longer just between companies.
"President Donald Trump is making the current trade conflicts between the U.S. and China a reality show with no script and no fixed casting at all," Chang told reporters on Tuesday. "Currently, businesses are not yet actors in this reality show but they could be added into the casting anytime."
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