Excluding TSMC: TSMC's Martial Arts Cultivate a Forest of Thousand Dollar Stocks, Says Xie Jinhua

Reported 8 months ago

Recently, there has been a popular discourse in Taiwan that suggests excluding TSMC would place Taiwan's economic growth as the lowest among the Four Asian Tigers. Xie Jinhua, Chairman of Wealth Magazine, pointed out that Taiwan has many thousand-dollar stocks that have risen due to TSMC, creating a martial arts world and a vast forest. With TSMC's influence, Taiwan's semiconductor industry chain has grown significantly, benefiting various companies like Homegrown Industries and Walsin Technology. Despite criticism, TSMC's remarkable market value growth has contributed to Taiwan's overall stock market performance, along with other leading companies like Foxconn, MediaTek, Delta Electronics, and others rapidly advancing and even surpassing Chinese counterparts.

Source: YAHOO

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