The soldiers of the silicon supply chain are worried
Geopolitics risks distorting a miracle of modern technology
![A pointing finger with the index finger as a conveyor belt holding a computer chip. There's a red fist above about to slam down](https://cdn.statically.io/img/www.economist.com/cdn-cgi/image/width=1424,quality=80,format=auto/content-assets/images/20240601_WBD002.jpg)
There is a wry sense of seen-it-all-before in the crucible of the world’s semiconductor industry. When your columnist took the bullet train to Hsinchu Science Park, home to Taiwan Semiconductor Manufacturing Company (TSMC), the world’s biggest chip producer, on May 24th, China was simulating a military encirclement of Taiwan in waters not far over the horizon. An invasion would be cataclysmic. A blockade could starve the island of vital energy resources. Even cyber-attacks could be crippling. Yet after decades of belligerence, many Taiwanese greet such threats with a shrug. “It’s nothing new to me,” chuckles one seasoned chip executive. “Since 1996 China has been throwing missiles.”
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This article appeared in the Business section of the print edition under the headline “The invisible hand meets the clenched fist”
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