China is unlikely to go after TSMC if it were to invade Taiwan
Huawei is not allowed to receive the 5nm Kirin 9000 chip which it designed itself
But that doesn’t mean that China can’t figure out a way to improve its own moribund chip industry. There are fears that the country could resort to subterfuge and steal Intellectual Property from foundries like TSMC. A Taiwan based cyber security firm called TeamT5 has spotted an increase in the number of cyber attacks on Taiwan’s chip industry. While it isn’t clear whether these attacks are coming from hackers on behalf of China, “they are all attacking the Taiwanese semiconductor industry,” says T5 cyber threat analyst Shui Lee. In 2018, TSMC was the subject of a ransomware attack.