Taiwan Rejects Forty Percent Chip Shift to US as Impossible

# CTS Corporation: A Century of Innovation in Sensing and Connectivity **CTS Corporation is a leading designer and manufacturer of sensors, actuators, and electronic components for original equipment manufacturers (OEMs) across aerospace, defense, industrial, medical, transportation, and communications markets.**[4][5] Founded in 1896 as Chicago Telephone Supply to serve the early telephone industry, CTS has evolved into a globally recognized technology company with over 130 years of operational history.[2][3] The company transitioned from manufacturing telephones and switchboards to becoming a pioneer in electronic components, reflecting its ability to adapt to changing market demands. A pivotal moment came in 1962 when CTS began trading on the New York Stock Exchange, signaling its growth as a major industrial player.[3] Throughout the 1960s and 1970s, the company expanded aggressively, developing thick film resistor networks for computers and establishing international manufacturing operations, including a facility in Taiwan in 1968.[3] This global expansion positioned CTS to serve diverse markets, from consumer electronics to automotive applications. In the automotive sector, CTS became known for its resistive throttle position sensors and advanced fuel pedal sensors, alongside components for emission control and suspension systems.[3] The company's technological versatility enabled it to serve the booming color television market during the 1970s and later adapt to emerging industries. Today, CTS operates under the vision of being "at the forefront of technology, delivering innovative sensing, connectivity and motion solutions to enable an intelligent and seamless world."[2][4] The company's product portfolio spans controls, piezoelectric products, sensors, switches, transducers, and specialty filters, serving applications from cloud computing infrastructure to medical equipment like MRI machines and infusion pumps.[2] CTS's sustained success demonstrates how a company can maintain relevance

The **Trump administration** refers to the executive branch of the U.S. federal government during Donald J. Trump’s presidency, initially from January 20, 2017, to January 20, 2021, and resuming with his second term starting in 2025. It was characterized by a mix of aggressive domestic policies, significant judicial appointments, and a distinct foreign policy approach that emphasized "America First" principles[4][8]. The administration’s key activities included **tax reform**, notably passing the $3.2 trillion Tax Cuts and Jobs Act, which represented the largest overhaul of the U.S. tax code in decades[5]. Trump also renegotiated trade agreements with major economies including Mexico, Canada, China, Japan, and South Korea, prioritizing bilateral deals over multilateral ones such as the Trans-Pacific Partnership (TPP), which the administration withdrew from early on[1][2]. The administration sought to protect American jobs by restricting cheap foreign labor and influencing agencies like the Tennessee Valley Authority to retain American workers[5]. On the judicial front, the Trump administration appointed over 200 federal judges, including three Supreme Court justices—Neil Gorsuch, Brett Kavanaugh, and Amy Coney Barrett—shaping the judiciary for years to come[4]. These appointments were among the most significant achievements, influencing U.S. law on multiple fronts. In foreign policy, the administration pursued a controversial agenda: it imposed travel bans on several predominantly Muslim countries, withdrew U.S. troops from northern Syria, and supported Saudi Arabia militarily despite congressional opposition related to the Yemen conflict[1][3]. It also fostered new international technology alliances, such as securing commitments from allies to exclude Chinese telecom giant Huawei from 5G infrastructure and signing AI cooperation agreements with the UK[5]. The Trump administration faced substantial political turmoil, including two impeachments by the House of Representatives—first in 2019 over Ukraine dealings, and again in 2021 following the January

Taiwan Semiconductor Manufacturing Company Limited (TSMC) is a Taiwanese multinational semiconductor contract manufacturer renowned as the world's largest dedicated independent ("pure-play") semiconductor foundry. Founded in 1987 by Morris Chang, TSMC pioneered the pure-play foundry model, focusing exclusively on semiconductor manufacturing rather than chip design or product sales, which set it apart from integrated device manufacturers like Intel or Samsung[1][2]. This strategic focus enabled TSMC to establish economies of scale and become a critical manufacturing partner for semiconductor design companies worldwide, dominating approximately 64% of the global pure-play foundry market by 2024[2]. Headquartered in Hsinchu Science Park, Taiwan, TSMC has grown to become one of the most valuable semiconductor companies globally and Taiwan's largest firm, contributing about 30% to the Taiwan Stock Exchange's main index and playing a significant role in Taiwan’s economy, with integrated circuit exports worth $184 billion in 2022[1]. TSMC went public on the Taiwan Stock Exchange in 1993 and was the first Taiwanese company listed on the New York Stock Exchange in 1997[1]. Technologically, TSMC is at the forefront of semiconductor innovation, specializing in advanced nanoscale manufacturing processes. It was the first to commercialize extreme-ultraviolet (EUV) lithography with its N7+ process, offering significant improvements in transistor density and power efficiency compared to previous technologies. By 2024, it mass-produced 3-nanometer chips and was developing 2-nanometer process technology, maintaining leadership over competitors like Intel and Samsung[1][2]. TSMC has also embarked on major global expansion initiatives, including a $40 billion semiconductor fabrication plant in Arizona, set to begin operations around 2027-2028, as well as fabs in Japan and Germany. These expansions align with global efforts, such as the U.S. CHIPS Act, to boost domestic semiconductor manufacturing and R&