Current:Home > reviewsForging Taiwan's Silicon Shield -Edge Finance Strategies
Forging Taiwan's Silicon Shield
View
Date:2025-04-11 18:27:08
The Chinese Communist Party claims Taiwan is — and has always been — a part of China. Meanwhile, many on the island say Taiwan is independent of China and a self-governed democracy. One thing that may be protecting the island in this global feud: semiconductors.
Semiconductors or microchips can be found in basically everything — cars, laptops, phones, ATMS, satellites, and even nuclear weapons. Taiwan is a world leader in producing semiconductors; people even call its semiconductor industry its "Silicon Shield." The theory goes that if the world relies on Taiwanese semiconductors, then perhaps the world would stop China from invading Taiwan. Plus China also needs Taiwanese semiconductors, maybe it wouldn't risk upending the industry.
The story of building this Silicon Shield is just part of an economic development story so dramatic that it's known simply as: "The Taiwan Miracle." On today's show we team up with NPR's Peabody Award-winning podcast, Throughline, to tell this epic history. From revolution to Cold War to a visionary finance minister. Plus we'll meet the lovestruck Taiwanese engineer who managed to get inside your favorite Nintendo products by pulling off one of the wildest global trade schemes we've ever heard.
Today's episode was reported by Planet Money and Throughline, NPR's show about how the past is never past. Listen to Throughline's story, "Silicon Island."
Music by Ramtin Arablouei: "Open," "Arrival," "KT Li," "The Face of an Ironist," "The Park," "Back to Taiwan," "The Nintendo Heist," "All the Stops," and "Montreal."
Help support Planet Money and get bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.
Always free at these links: Apple Podcasts, Spotify, Google Podcasts, NPR One or anywhere you get podcasts
Find more Planet Money: Twitter / Facebook / Instagram / TikTok our weekly Newsletter.
veryGood! (458)
Related
- DoorDash steps up driver ID checks after traffic safety complaints
- CIA 'looking into' allegations connected to COVID-19 origins
- Florida health officials warn against new COVID booster, contradicting CDC guidance
- The new iPhone 15 is a solid upgrade for people with old phones. Here's why
- 2 killed, 3 injured in shooting at makeshift club in Houston
- Defense set to begin in impeachment trial of Texas Attorney General Ken Paxton
- Now's your chance to solve a crossword puzzle with Natasha Lyonne
- Brazilian Indigenous women use fashion to showcase their claim to rights and the demarcation of land
- Bodycam footage shows high
- True-crime junkies can get $2,400 for 24 hours of binge-watching in MagellanTV contest
Ranking
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- Beyoncé, Taylor Swift reporter jobs added by Gannett, America's largest newspaper chain
- How Concerns Over EVs are Driving the UAW Towards a Strike
- New TV shows take on the hazard of Working While Black
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- Jonas Brothers, Friendly's launch new ice cream dishes: The Joe, Nick and Kevin Sundaes
- Republicans raise the specter of widespread COVID-19 mandates, despite no sign of their return
- DeSantis says he does not support criminalizing women who get abortions
Recommendation
New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
Olivia Rodrigo announces 57 dates for Guts World Tour: Where she's performing in 2024
Element of surprise: Authorities reveal details of escaped murderer Danelo Cavalcante's capture
New US sanctions target workarounds that let Russia get Western tech for war
Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
Is grapeseed oil healthy? You might want to add it to your rotation.
California fast food workers to get $20 per hour if minimum wage bill passes
Judge in documents case lays out rules for Trump's access to classified information in lead-up to trial