First they acquire small research companies in the West, then they invest back home to build up the industry with state capital. 50% of ChiCom chip efforts will be based on stolen tech from Intel, Samsung, Qualcomm and so on. Western companies leak like a sieve for the ChiComs. There are so many Chinese working at these major corporations and they steal tech. ChiComs are stealing tech from Taiwanese too. The world's largest chip foundry is Taiwanese owned. This company manufactures chips for numerous companies that do the design but farm out the manufacturing
True, and apart from Taiwanese main owners for
https://en.wikipedia.org/wiki/TSMC i.e ADR-Taiwan Semiconductor Manufacturing Company, Ltd. 20.60%, and
National Development Fund, Executive Yuan 6.38%,
the third largest owner is the Government of Singapore 2.67% then
JPMorgan Chase Bank N.A. Taipei Branch in Custody for EuroPacific Growth Fund 1.40%,
Norway: Norges Bank 1.30%,
JPMorgan Chase Bank N.A. Taipei Branch in Custody for Vanguard Total International Stock Index Fund, a series of Vanguard Star Funds 1.26%,
Cathay Life Insurance Co., Ltd. Taiwan, 1.16%,
JPMorgan Chase Bank N.A. Taipei Branch in Custody for Oppenheimer Developing Markets Funds, managed by Oppenheimer Funds, Inc. 1.08%,
Vanguard Emerging Markets Stock Index Fund, a series of Vanguard International Equity Index Funds 0.87%,
New Labor Pension Fund Taiwan, 0.85% etc.
This means that there is an ocean of shareholders with the two largest calling the shots.
https://www.tsmc.com/download/ir/annualReports/2018/english/pdf/e_all.pdf
However, the Taiwanese government is nowadays worried about the risk of the transfer of money and knowledge to the mainland, so we can expect positive decisions from Taipei.