Facing the rise of so-called “Red Supply Chain” from China, which could see China’s semiconductor industry outpace Taiwan’s within three years. Chang suggested that it would not be as easy to achieve as people think.

“No ‘red tide’ at my office window.” said Morris Chang.

Nevertheless, due to the technology, production capablity and client trust that TSMC enjoys are all in the lead and the firm’s status has advanced even further now from that of a few years ago, Chang added that it will not be easy for China to outrun.

Moreover, in response to TSMC might build a 12-inch wafer plant in China, Chang said, “There are many factors that need to be considered. We need a long period of time to think it over.”