On the morning of April 16, the Taiwan Affairs Office of the State Council held a regular press conference. Reporter: According to reports, TSMC and Intel have reached a preliminary agreement to establish a joint venture chip manufacturing company, in which TSMC holds a 20% stake. Taiwan's United Microelectronics Corporation is also evaluating a merger with GlobalFoundries of the United States to establish an American company, with the ultimate goal of replacing TSMC. Suspicions on the island that the United States is hollowing out Taiwan's semiconductor industry continue to grow. What is your comment on this? Zhu Fenglian, spokesperson for the Taiwan Affairs Office of the State Council: The concerns of the Taiwanese industry are not groundless. TSMC has long become a token of the DPP authorities' "relying on the United States to seek independence". It is only a matter of time before the island's semiconductor industry is handed over by Lai Qingde, a "professional seller of Taiwan". "It is as difficult to establish as ascending to heaven, and as easy to fall as burning a hair." If the DPP authorities are allowed to continue on the evil path of "selling out Taiwan" and "destroying Taiwan", Taiwan's industry and people will not only lose their current jobs, but also lose future development opportunities.