Excerpts:
Beijing’s Taiwan ambitions stem primarily from its desire to get its hands on the island’s semiconductor-making capability, according to Mills. Taiwan is home to TSMC, the world’s largest contract chipmaker.
China is heavily dependent on foreign semiconductors—tiny chips that power everything from cellphones to missiles. According to Bloomberg, China imported $380 billion-worth of chips in 2020, accounting for about 18 percent of all its imports.
The regime is now struggling to secure foreign semiconductors following a series of sanctions slapped on Chinese companies by the Trump administration. U.S. sanctions have crippled the smartphone business of Chinese tech giant Huawei. Chinese chipmaker SMIC has also been put on a trade blacklist.
https://www.theepochtimes.com/....beijing-accelerating
