TSMC: A PEST Analysis of Semiconductor Market

Abstract

With the advent of the pandemic and the outbreak of individuality in inter-state politics, semiconductors, products that have become widely used by high-tech companies, have led to an increase in worldwide demand. But growing nationalism has led nations not to cooperate on the successful joint and equitable growth of these innovative technologies. This research analyses through a PEST analysis the political, economic, social and technological consequence of these choices for the largest semiconductor company, TSMC. The results show how, to date, the international chessboard poses four choices facing TSMC’s future, each based on how nations will approach future collaborative choices.