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Nothing else in the global economy quite compares to Taiwan’s share of the global semiconductor market. There are other cases of geographic concentration, involving critical materials and components, where certain countries (almost always China) may hold even higher percentages of worldwide market share, but at least two things make Taiwan’s chip dominance rather unique.
One of those things is simply the significance of semiconductors to every other economic sector. The other is Taiwan’s relative lack of control over its own strategic position, given that its size is directly inverse to how economically indispensable it is. Around 24 million people live in Taiwan, in an area slightly larger than Maryland, yet it controls more than 90 percent of the global market for the most advanced chip