, Columnist
A Taiwan Tech Company Bigger Than Foxconn (Not TSMC)
MediaTek has been plugging away for decades as the second-string quarterback in the gadgets you love.
Coming off the sidelines.
Photographer: Bloomberg
This article is for subscribers only.
When the U.S. administration moved in May to block Huawei Technologies Co. from accessing American technology to manufacture its chips, shares of Taiwan Semiconductor Manufacturing Co. dropped.
Huawei, the Chinese phone and telecoms equipment giant, was one of the custom chipmaker’s biggest clients and losing those orders was thought to pose a huge threat to revenue. Yet that same day, shares of another Taiwanese company jumped as much as their daily 10% limit, the most in almost five years.