Morris Chang Saw Writing On The Wall 20 Years Ago For The Likes Of Intel And Samsung And Why They Would Never Be Able To Beat TSMC In Foundry Business

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Morris Chang Saw Writing On The Wall 20 Years Ago For The Likes Of Intel And Samsung And Why They Would Never Be Able To Beat TSMC In Foundry Business - Benzinga

Quick Summary:

Nearly two decades ago, Taiwan Semiconductor Manufacturing Co.(NYSE:TSM) founder Morris Chang explained why Intel Corp (NASDAQ:INTC) and Samsung Electronics (OTC:SSNLF) wouldn’t stand a chance in the foundry business—and history is proving him right.

What Happened: During a 2007 conversation at the Computer History Museum, Chang addressed whether Intel or Samsung could compete with TSMC by using excess production capacity to enter the foundry market.

See Also: Lip-Bu Tan Got High Praise From TSMC Founder Morris Chang For Saving Cadence From ‘Pretty Big Trouble’ — Will The Magic Work At The ‘New’ Intel