The Chinese Communist Party claims Taiwan is — and has always been — a part of China. Meanwhile, many on the island say Taiwan is independent of China and a self-governed democracy. One thing that may be protecting the island in this global feud: semiconductors.
Semiconductors or microchips can be found in basically everything — cars, laptops, phones, ATMS, satellites, and even nuclear weapons. Taiwan is a world leader in producing semiconductors; people even call its semiconductor industry its "Silicon Shield." The theory goes that if the world relies on Taiwanese semiconductors, then perhaps the world would stop China from invading Taiwan. Plus China also needs Taiwanese semiconductors, maybe it wouldn't risk upending the industry.
The story of building this Silicon Shield is just part of an economic development story so dramatic that it's known simply as: "The Taiwan Miracle." On today's show we team up with NPR's Peabody Award-winning podcast, Throughline, to tell this epic history. From revolution to Cold War to a visionary finance minister. Plus we'll meet the lovestruck Taiwanese engineer who managed to get inside your favorite Nintendo products by pulling off one of the wildest global trade schemes we've ever heard.
Today's episode was reported by Planet Money and Throughline, NPR's show about how the past is never past. Listen to Throughline's story, "Silicon Island."
Music by Ramtin Arablouei: "Open," "Arrival," "KT Li," "The Face of an Ironist," "The Park," "Back to Taiwan," "The Nintendo Heist," "All the Stops," and "Montreal."
Help support Planet Money and get bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.
Always free at these links: Apple Podcasts, Spotify, Google Podcasts, NPR One or anywhere you get podcasts
Find more Planet Money: Twitter / Facebook / Instagram / TikTok our weekly Newsletter.
2024-12-24 02:512628 view
2024-12-24 02:29740 view
2024-12-24 02:201893 view
2024-12-24 02:152932 view
2024-12-24 01:38913 view
2024-12-24 01:32333 view
While watching the eight long episodes of "Cross," Amazon's latest crime-novel adaptation your dad w
We independently selected these deals and products because we love them, and we think you might like
CHARLOTTESVILLE, Va. (AP) — A statue of Confederate Gen. Robert E. Lee that was a focal point of a d