TSMC’s expansion win for TaiwanBy Paul Lin 林保華Taiwan Semiconductor Manufacturing Co (TSMC) held an opening ceremony for its first chip manufacturing fab in Kumamoto, Japan. It is owned by a joint venture, Japan Advanced Semiconductor Manufacturing Inc (JASM), of which TSMC is the controlling shareholder. A Japanese emergency, therefore, should also be considered a Taiwanese emergency. The decline of the semiconductor industry in Japan is a Japanese emergency, hence it is only natural that TSMC helps Japan reinvigorate its semiconductor manufacturing. In the late 1980s, Japan’s thriving semiconductor manufacturing sector was disrupted by US government policy.