Current:Home > StocksForging Taiwan's Silicon Shield -Wealth Momentum Network
Forging Taiwan's Silicon Shield
View
Date:2025-04-17 21:24:56
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! (39881)
Related
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- Owner of Bahamian diving experience launches investigation after shark attacks US boy
- Shooter in Colorado LGBTQ+ club massacre intends to plead guilty to federal hate crimes
- Rape suspect accused of faking his death to avoid justice denies his identity
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- Horoscopes Today, January 17, 2024
- Court documents underscore Meta’s ‘historical reluctance’ to protect children on Instagram
- Bye-bye, witty road signs: Feds ban funny electronic messages on highways
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- Virginia House panel advances perennial measure seeking to ban personal use of campaign funds
Ranking
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- SpaceX readies Falcon 9 for commercial flight to International Space Station
- Jim Harbaugh should stay with Michigan even though he wants to win Super Bowl in the NFL
- In ‘Origin,’ Ava DuVernay and Aunjanue Ellis-Taylor seek the roots of racism
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- Lorne Michaels Reveals Who May Succeed Him at Saturday Night Live
- Zambia reels from a cholera outbreak with more than 400 dead and 10,000 cases. All schools are shut
- Montana man pleads guilty to possessing homemade bombs in school threat case
Recommendation
Rylee Arnold Shares a Long
Horoscopes Today, January 16, 2024
Lorne Michaels teases 'SNL' successor: 'It could easily be Tina Fey'
Timbaland talks about being elected to Songwriters Hall of Fame: Music really gives me a way to speak
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
Biden administration finalizes a $1.1 billion aid package for California’s last nuclear power plant
Gisele Bündchen Reveals She's Getting Pushback From Her and Tom Brady's Kids Amid Divorce Adjustment
UK leader Rishi Sunak tries to quell Conservative revolt over his Rwanda plan for migrants