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Taiwan Chip Giant TSMC to Establish Semiconductor Facility in USA

Asian semiconductor companies are having aggressive plans to shift their chip facility from Asia to USA. Earlier reports stated that many Asian semiconductor and chip design companies are giving their thoughts to expand and make a strategic shift to their businesses in other parts of the world given the current situation of COVID-19. Meanwhile, Taiwan Semiconductor Manufacturing Co. (TSMC) announces its plans to build a $12 billion semiconductor factory in Arizona (USA). TSMC also confirmed that it is going to start its construction next year.TSMC said the factory will create more than 1,600 high-tech jobs. It is expected to begin production in 2024.

Taiwan ChipGiving cognizance to Trump’s National security hindrance of producing chips from Asia, the new facility of TSMC will certainly produce new jobs, and create a new ecosystem for semiconductor and chip manufacturing.The factory will be focused on producing so-called 5-nanometer chips, the latest in semiconductor technology being manufactured today.

The Taiwanese firm, TSMC, has its facility in China and has big names as customers including Huawei and Apple.

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Niloy Banerjee

A generic movie-buff, passionate and professional with print journalism, serving editorial verticals on Technical and B2B segments, crude rover and writer on business happenings, spare time playing physical and digital forms of games; a love with philosophy is perennial as trying to archive pebbles from the ocean of literature. Lastly, a connoisseur in making and eating palatable cuisines.

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