TSMC’s Foreign Investments Are Good for Taiwan, Official Says
- Taipei will have a say in whether latest tech can go abroad
- TSMC is building three advanced chip plants in the US
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A planned move by Taiwan Semiconductor Manufacturing Co. to locate some of its chipmaking facilities abroad will be “very beneficial” for Taiwan because it will let the chipmaker work more closely with customers and help it recruit the best talent, according to a senior government official.
Fears about Taiwan’s manufacturing leadership eroding as TSMC sets up factories overseas have percolated among local commentators and shown up in newspaper op-eds. TSMC is the world’s biggest contract chipmaker, with Apple Inc. and Nvidia Corp. relying on it for their most important products, and the centrality of the island to the semiconductor supply chain is seen as an essential element of its international security.