Taiwan contributes a whopping 41 per cent of the world’s chips with massive government assistance. It is the Mount Olympus of silicon chips. Morris Chang has established Taiwan Semiconductor Manufacturing Company (TSMC). He grew up in China and British Hong Kong. He went to the US to complete an engineering degree at MIT in 1958. He landed at Texas Instruments and worked on improving chip making machinery.

Texas Instruments erred in passing over Chang for CEO promotion in the early 1980s. At the invitation of Taiwanese government, he headed to Taiwan and set up TSMC as a fab. It used to make chips for other companies, there was no finished electronics.

Morris Chang is 91 now. Taiwan is the epicenter of chip making technology.