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Global Opening Makes Taiwan's Semiconductor Develop Towards

TSMC's (2330-TW) (TSM-US) chairman ,Morris Chang responds a that the country signed a bilateral free trade policies of other countries to bring the treaty to open is the face of international competition is open on both sides, in order to TSMC's semiconductor industry, it is has been quite open, but it is also open around the world to make Taiwan's semiconductor industry to flourish. Chang responded when asked media services trade and regional economic integration issues, said, "Government has been quite hard ... That can only continue to work hard." Government to sign a bilateral free trade agreement (FTA) on whether Chinese mainland or other countries, the opening is brought to face international competition. While the industry such as semiconductors, TSMC, it would have been the equivalent of an open, honest, if not the whole world is open to the semiconductor industry, Taiwan's semiconductor industry, it would be booming. But, he said, compared to the semiconductor industry, other industries such as agriculture is certainly not the most open, the service is also quite open, and not all industries are suitable to take fully open, when open-door policy should be a positive, but there are negative impact. Chang In today's speech also mentioned that Taiwan's semiconductor industry is to see a "partial success", such as the success of Media Tek (2454-TW), but there are cases of failure such as DRAM, therefore, he favored the government's industrial policy is to establish good environment, rather than some of the industry as a "target." Otherwise, once battered and wrong will lose a lot of money. In retrospect Chang 2011-2013 foreign speakers have mentioned many times, "the government should not specify the winner in the industry," "This is a practice of the past behind." He also bluntly in January 2013, Taiwan to compete with Samsung, can compete with Samsung's semiconductor division with the best semiconductor company, instead of generating another Samsung. He opposed the government picking winners, losers rescue, losses caused by wrong decisions because the government, than the benefits of proper policies bigger!

    
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