The Chinese mainland has issued a stark warning about Taiwan's semiconductor industry, accusing the ruling Democratic Progressive Party (DPP) of putting profits over people. In a fiery statement, Taiwan Affairs Office spokesperson Zhu Fenglian claimed the DPP is 'selling out Taiwan' by prioritizing foreign partnerships over local innovation—and experts say the stakes couldn't be higher. 🚨
'A Recipe for Disaster' 💥
Zhu called the DPP's approach a 'dangerous path' that risks not just jobs but Taiwan's entire economic future. With TSMC—the island's prized chipmaker—now entangled in a proposed joint venture with Intel, critics fear the region could lose its competitive edge. 🏭⚡
'If this continues, residents of Taiwan might wake up to more than just unemployment,' Zhu warned, hinting at deeper political tensions. The statement singled out Lai Ching-te, labeling him a 'professional traitor' for allegedly using TSMC as a bargaining chip in U.S. relations. 🇺🇸🤝
Global Chip Wars Escalate 🛡️💻
Meanwhile, the semiconductor race heats up: TSMC plans to take a 20% stake in Intel's new venture, while United Microelectronics and GlobalFoundries explore a merger. Are these deals strategic collaborations—or signs of a tech sellout? Industry watchers are split. 🔍
With cross-strait ties at a boiling point, one thing’s clear: Taiwan’s chips aren’t just tech—they’re geopolitical gold. And as young professionals and investors watch closely, the question remains: Who’s really winning this high-stakes game? 🌏💰
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Mainland says the DPP are selling out Taiwan's semiconductor industry
cgtn.com