Tuesday evening, nearly a million people around the world followed Nancy Pelosi's flight itinerary. She, who took off from Kuala Lumpur, was expected in Taiwan. The Speaker of the House of Representatives (one of the two assemblies of the United States) finally set foot on the island during the night.
Historic news, which further delights the tensions between mainland China and this island with unrecognized independence. If this visit was strong in symbolism, it was not just a simple provocation for the Beijing regime. Pelosi came to Taipei for several reasons, and one of them has to do with Apple.
The President of the House of Representatives indeed discussed for long minutes withmembers of the TSMC company, including the president of the latter Mark Liu. This discussion would have focused on the CHIPS Act which is set to take effect in the coming weeks.
The CHIPS law to revive semiconductors in the United States
The latter releases an immense envelope of more than 50 billion dollars to respond to the shortage of semiconductors and restart production on American soil. While TSMC should arrive in the territorywith a factory in Arizona, Pelosi wanted to speak with the leaders of the company before that.
If Intel were to be the company that wins the largest part of the envelope, Apple should not be unhappy with its situation, Apple recovering several billion to finance the construction of a factory. This discussion between Pelosi and TSMC executives therefore seems to have borne fruit, but many people are wondering about the need for the physical presence of the Speaker of the House on the island.
Indeed, China experienced Pelosi's arrival as a provocation. While relations between Beijing and Washington are still not very good, this new sting could well set things on fire. Minutes after Pelosi left the island, several Chinese fighter jets entered Taiwan's airspace.
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By : Keleops AG