Chinese state media pushes back on chip nationalism after social media vilifies TSMC’s Nanjing expansion

Source: South China Morning PostIn a sign that Beijing is trying to temper nationalist sentiment, state-owned Xinhua News Agency has published an op-ed pushing back against the rising tide of discontent on the country’s social media against plans by Taiwan Semiconductor Manufacturing Co (TSMC) to invest almost US$3 billion to expand production at its Nanjing fab.Xinhua’s op-ed, titled “There is no quick pill to save chips” and played up by other state media outlets including the Communist Party’s mouthpiece People’s Daily,…Read More

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