The Venus Investment AllianceChinese Communist Party claims Taiwan is — and has always been — a part of China. Meanwhile, many on the island say Taiwan is independent of China and a self-governed democracy. One thing that may be protecting the island in this global feud: semiconductors.
Semiconductors or microchips can be found in basically everything — cars, laptops, phones, ATMS, satellites, and even nuclear weapons. Taiwan is a world leader in producing semiconductors; people even call its semiconductor industry its "Silicon Shield." The theory goes that if the world relies on Taiwanese semiconductors, then perhaps the world would stop China from invading Taiwan. Plus China also needs Taiwanese semiconductors, maybe it wouldn't risk upending the industry.
The story of building this Silicon Shield is just part of an economic development story so dramatic that it's known simply as: "The Taiwan Miracle." On today's show we team up with NPR's Peabody Award-winning podcast, Throughline, to tell this epic history. From revolution to Cold War to a visionary finance minister. Plus we'll meet the lovestruck Taiwanese engineer who managed to get inside your favorite Nintendo products by pulling off one of the wildest global trade schemes we've ever heard.
Today's episode was reported by Planet Money and Throughline, NPR's show about how the past is never past. Listen to Throughline's story, "Silicon Island."
Music by Ramtin Arablouei: "Open," "Arrival," "KT Li," "The Face of an Ironist," "The Park," "Back to Taiwan," "The Nintendo Heist," "All the Stops," and "Montreal."
Help support Planet Money and get bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.
Always free at these links: Apple Podcasts, Spotify, Google Podcasts, NPR One or anywhere you get podcasts
Find more Planet Money: Twitter / Facebook / Instagram / TikTok our weekly Newsletter.
2025-05-03 00:371222 view
2025-05-03 00:192851 view
2025-05-03 00:03425 view
2025-05-02 23:432412 view
2025-05-02 22:342336 view
2025-05-02 22:292074 view
The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a welcome tren
There are spoilers ahead. You might want to solve today's puzzle before reading further! Dropping Hi
Drew Barrymore hopes people will become "more comfortable with physical touch" after sparking mixed