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The world’s biggest chipmaker needs to move beyond Taiwan


Easier said than done

Sirens rang out across the capital as residents rehearsed a civil-defence drill for a Chinese invasion. Half an hour later, as phones buzzed to mark the end of the drill, the top brass of tsmc, the world’s largest chipmaker, gathered in a hotel in the city centre for their quarterly earnings call. This article appeared in the Briefing section of the print edition under the headline “Beyond the sacred mountain”

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