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Tycoon Donates $100 million for Taiwan’s Defense

After the departure of U.S. House Speaker Nancy Pelosi, the Chinese government started live-fire military exercises against Taiwan. Robert Tsao, founder and honorary chairman of United Microelectronics Corporation (UMC), a major Taiwanese semiconductor company, announced on August 5 that he will donate $100 million to assist Taiwan in its national defense.

On the second day after the Chinese military fired off 11 missiles, Tsao held a press conference to criticize the Chinese Communist Party (CCP) for its reckless behavior. “Today I am announcing a donation of NT$3 billion (about US$100 million) to help strengthen our national defense. I hope to awaken the people of Taiwan not to  be greedy for money or afraid of death, and to rise up and fight to defend freedom, democracy and human rights.”

“Some people in Taiwan have an ostrich mentality, thinking that if they bury their heads in the sand and don’t mess with them, the other side won’t make a move. Others are capitulationists, who think, “Since I can’t win anyway, I might as well surrender and survive.” Tsao added, “The worst are those in favor of reunification, thinking they can realize the xenophobic so-called China dream,”

As for those people in Taiwan who are still unwilling to “resist China and defend Taiwan,” Robert Tsao said that these people, perhaps because of ignorance, timidity, cowardice, or being bought, are unwilling to see or admit that the Chinese Communist Party is essentially a group of gangsters. “The People’s Republic of China is a triad organization masquerading as a national state. A normal civilized country promotes the rule of law, democracy, and freedom, but a fakery state like the Chinese regime worships totalitarianism, deception, hatred, and violence.”

UMC established an 8-inch wafer fab in Suzhou, China, through its subsidiary back in 2001. Tsao lamented, “If we could have done it all over again, I wish we hadn’t gone to China to help set up the fab.”

Tsao proposed that the $100 million be used to fund individuals and groups to promote national defense education and boost public morale. The money will fund research and publications to counter the CCP’s cognitive warfare against Taiwan, handle activities related to the CCP’s deterrence and infiltration of Taiwan, develop or trace sources, counter the dissemination of controversial messages by hostile forces outside Taiwan; and develop countermeasures against the CCP’s cyberattack and hacking activities against Taiwan.

Source: Radio Free Asia, August 5, 2022