Current:Home > StocksForging Taiwan's Silicon Shield -Horizon Finance School
Forging Taiwan's Silicon Shield
View
Date:2025-04-11 19:42:26
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! (75)
Related
- Trump issues order to ban transgender troops from serving openly in the military
- Cuba Gooding Jr. settles lawsuit over New York City rape accusation before trial, court records say
- Today’s Climate: June 15, 2010
- 2 teens who dated in the 1950s lost touch. They reignited their romance 63 years later.
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- 4 ways the world messed up its pandemic response — and 3 fixes to do better next time
- Why Pregnant Serena Williams Kept Baby No. 2 a Secret From Daughter Olympia Until Met Gala Reveal
- Why Queen Camilla Officially Dropped Her Consort Title After King Charles III’s Coronation
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- Priyanka Chopra Shares the One Thing She Never Wants to Miss in Daughter Malti’s Daily Routine
Ranking
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Zoonotic diseases like COVID-19 and monkeypox will become more common, experts say
- 2 shot at Maryland cemetery during funeral of 10-year-old murder victim
- Kate Middleton Rules With Her Fabulous White Dress Ahead of King Charles III's Coronation
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- 71-year-old retired handyman wins New York's largest-ever Mega Millions prize
- How Dannielynn Birkhead Honored Mom Anna Nicole Smith With 2023 Kentucky Derby Style
- Inside Princess Anne's Unique Royal World
Recommendation
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
71-year-old retired handyman wins New York's largest-ever Mega Millions prize
Gas stove debate boils over in Congress this week
Kate Middleton's Look at King Charles III and Queen Camilla's Coronation Is Fit for a Princess
What do we know about the mysterious drones reported flying over New Jersey?
Thawing Arctic Permafrost Hides a Toxic Risk: Mercury, in Massive Amounts
Climate Change Is Happening Faster Than Expected, and It’s More Extreme
How Biden's declaring the pandemic 'over' complicates efforts to fight COVID