In the context of increasingly fierce competition in the global chip industry, TSMC and SMIC, as China's two chip giants, have chosen different development paths. TSMC chased the US market, but eventually became a pawn on the US chessboard and lost the opportunity in the Chinese market. In contrast, SMIC chose to focus on the Chinese market and achieved great breakthroughs and successes in China through innovative technological strength and market positioning. This article will explore the different fates of TSMC and SMIC, and analyze the importance of state support and market ecology to enterprise development.
TSMC is stuck in the chess game of the US market
TSMC chose to chase the US market, but eventually became a pawn on the US chessboard. They gave up opportunities in the Chinese market and paid a huge price. Faced with the huge potential of the Chinese market, TSMC's choice makes it miss an important growth engine.
TSMC found that the cost was three times higher than Taiwan's when pursuing the US market, which put huge economic pressure on it. At the same time, the withdrawal of investors such as Buffett has also brought a lot of impact to TSMC. This series of problems threatens TSMC's position in global competition.
SMIC's breakthrough in the Chinese market
Instead, SMIC chose to focus on the Chinese market, looking for opportunities in China's IoT, industrial, new storage and other fields, and achieved significant breakthroughs and successes. Through its innovative technical strength and market positioning, SMIC has won the favor of the Chinese market and become an important part of China's chip industry.
SMIC has achieved remarkable results with innovative technical strength and market positioning. The potential of the Chinese market and the support of the National Asset Administration Commission provide SMIC with a solid foundation. SMIC has made breakthroughs in independent R&D and technological innovation, becoming a bright pearl in China's chip industry.
The rise of China's chip industry benefits from the strong support of the state and the perfect market ecology. The intervention of national capital and the policy support of the government provide a solid guarantee for the chip industry. These factors provide a broad stage and opportunities for the development of Chinese enterprises.
The importance of choice and perseverance
The examples of TSMC and SMIC highlight the importance of choice and perseverance. TSMC abandoned the Chinese market while chasing the US market, and as a result, it faced many difficulties. SMIC, on the other hand, has achieved success with its own technical strength and dependence on the Chinese market, becoming a leader in China's chip industry.
Driven by state support and market ecology, China's chip industry is ushering in new opportunities. China's chip industry is expected to show greater potential and influence on the global stage. Continued policy support and innovative development will promote China's chip industry to achieve longer-term development goals.
The fate of TSMC and SMIC reflects the importance of choice and perseverance, and also highlights the important impact of national support and market ecology on enterprise development. As a giant of China's chip industry, SMIC has demonstrated the huge potential of China's chip industry. It is recommended that TSMC strengthen its attention to the Chinese market, find new opportunities for growth, and encourage other chip companies in China to continue to innovate and develop to promote the comprehensive rise of China's chip industry.