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"I’d like to thank TSMC Chairman Dr. Mark Liu for his commitment to Arizona. "Taiwan Semiconductor Manufacturing Co., the world’s largest contract manufacturer of silicon chips, approved the plan for the semiconductor facility earlier this week. The crisis has also highlighted how vulnerable global supply chains are to such shocks. Its attempt to become a so-called foundry for external clients has failed to gain major customers. Ducey said the Arizona Commerce Authority is working with the city of Phoenix and the Greater Phoenix Economic Council to assist TSMC as it finalizes all aspects of the project.
The Arizona facility would be TSMC’s second manufacturing site in the United States. On Friday, Taiwan Semiconductor ( TSM ) announced its intention to build a new semiconductor fabrication plant in Arizona… News of the plant had been reported earlier Thursday by the Wall Street Journal and Reuters.
"We are unable to comment further as this is an active economic development project. However, our flexibility in assurance of supply for diverse customer needs, best-in-class cycle time, agility in meeting customers' capacity needs, ability to scale and maintain high yield, and accurate delivery make semiconductor manufacturing excellence a core strength. Of course, we have — we are doing a lot of things to reduce that cost gap,” TSMC Chairman Mark Liu said on a recent analyst conference call.Concentrating such valuable capabilities in the hands of one company in Asia is a concern for the U.S., especially when, across the Strait of Taiwan, China is rushing to develop its own semiconductor industry.“TSMC welcomes continued strong partnership with the U.S. administration and the State of Arizona on this project,” the company said in a statement. TSMC said its Arizona facility will create 1,600 jobs and a deal to bring highly skilled work to Arizona may help Trump’s re-election prospects this year.“There is a cost gap, which is hard to accept at this point. It is among roughly a half-dozen such centers that store data from users of Apple products and their applications.Sandra Watson, president and CEO of the Arizona Commerce Authority, said in a statement: "The Arizona Commerce Authority is incredibly honored that following a competitive process, Arizona has been selected by TSMC for its new U.S. manufacturing operation. “This project will require significant capital and technology investments from TSMC. "This U.S. facility not only enables us to better support our customers and partners, it also gives us more opportunities to attract global talents," TSMC said in a statement.
"I’d like to thank TSMC Chairman Dr. Mark Liu for his commitment to Arizona. "Taiwan Semiconductor Manufacturing Co., the world’s largest contract manufacturer of silicon chips, approved the plan for the semiconductor facility earlier this week. The crisis has also highlighted how vulnerable global supply chains are to such shocks. Its attempt to become a so-called foundry for external clients has failed to gain major customers. Ducey said the Arizona Commerce Authority is working with the city of Phoenix and the Greater Phoenix Economic Council to assist TSMC as it finalizes all aspects of the project.
The Arizona facility would be TSMC’s second manufacturing site in the United States. On Friday, Taiwan Semiconductor ( TSM ) announced its intention to build a new semiconductor fabrication plant in Arizona… News of the plant had been reported earlier Thursday by the Wall Street Journal and Reuters.
"We are unable to comment further as this is an active economic development project. However, our flexibility in assurance of supply for diverse customer needs, best-in-class cycle time, agility in meeting customers' capacity needs, ability to scale and maintain high yield, and accurate delivery make semiconductor manufacturing excellence a core strength. Of course, we have — we are doing a lot of things to reduce that cost gap,” TSMC Chairman Mark Liu said on a recent analyst conference call.Concentrating such valuable capabilities in the hands of one company in Asia is a concern for the U.S., especially when, across the Strait of Taiwan, China is rushing to develop its own semiconductor industry.“TSMC welcomes continued strong partnership with the U.S. administration and the State of Arizona on this project,” the company said in a statement. TSMC said its Arizona facility will create 1,600 jobs and a deal to bring highly skilled work to Arizona may help Trump’s re-election prospects this year.“There is a cost gap, which is hard to accept at this point. It is among roughly a half-dozen such centers that store data from users of Apple products and their applications.Sandra Watson, president and CEO of the Arizona Commerce Authority, said in a statement: "The Arizona Commerce Authority is incredibly honored that following a competitive process, Arizona has been selected by TSMC for its new U.S. manufacturing operation. “This project will require significant capital and technology investments from TSMC. "This U.S. facility not only enables us to better support our customers and partners, it also gives us more opportunities to attract global talents," TSMC said in a statement.