Brookings Event on Taiwanese Economy

This happened last Monday.

Policy representatives from Mediatek and Qualcomm were there, along with Rupert Hammond, head of the U.S.-Taiwan Business Council, and some Brookings experts.

ASML rep was supposed to be there, but couldn’t make it.

Some highlights:

  1. Hammond spoke like he was English. Must be a naturalized American.
  2. Hammond said that TSMC and Samsung were the only major players in semiconductors, with an apology to Intel.
  3. Hammond also said that if China were to attack Taiwan, it would be a global economic disaster. Not just semiconductors. There would be a domino effect.
  4. A young Korean political economist from Princeton asked Matthew Goodman a question about semiconductors, then about Korea joining the CPTPP. He said, whenever he’s in Taiwan talking about the CPTPP, they always ask him about Korea, haha.