IN ASIA’S SILICON VALLEY
Journey to Hsinchu, the Taiwanese city where, fifty years ago, the future world capital of semiconductors was born
In 1980, after returning from a trip to California, a group of visionary scientists founded a science park on a hill in Hsinchu. The idea was ambitious and embraced by Taipei’s government: to create the first Asian Silicon Valley. The goal was to concentrate universities, research, and industry in one place, and to lure back engineers working abroad. To ease the shock of returning, houses were even built in full Western style. Half a century later, the science park still exists and has grown into a city within the city: in an area of 14 square kilometers, 565 companies employ 165,000 people, generating thirty percent of Taiwan’s total exports.
The success was global. Today Taiwan is the world capital of semiconductors, and Hsinchu is home to the industry’s leading company, TSMC (Taiwan Semiconductor Manufacturing Company). Semiconductors are the materials at the core of microchips, which in turn are embedded in every aspect of our lives: from smartphones to AI, from cars to video games, from medicine to defense systems. Each year, global demand for microchips increases by 10 percent, and two-thirds of production is concentrated in Taiwan.
Taiwan has always had a vocation: sensing the future and investing in that direction, without creating flashy logos or consumer brands, keeping a low profile and working “for others.” In doing so, the island has carved out a decisive role in today’s world, becoming a bottleneck that no one can bypass — not even superpowers. “Semiconductors power everything, they are the backbone of the 21st-century economy,” declared U.S. President Donald Trump, who in 2025 persuaded TSMC to invest $100 billion in the United States. It was a further step in the U.S.–China confrontation — a clash that, between protectionist laws, industrial espionage, and talent recruitment, necessarily runs through Taiwan.
Publications
Jesus (Italy)