Reported 5 months ago
A senior government official in Taiwan stated that Taiwan Semiconductor Manufacturing Co.'s plan to establish chipmaking facilities abroad will benefit Taiwan by allowing closer customer collaboration, attracting top talent, and developing advanced technologies. Concerns regarding TSMC locating factories overseas have been addressed by asserting the economic and security benefits for Taiwan. Major governments are increasing chip output domestically to prevent supply disruptions and mitigate Taiwan Strait tensions, with TSMC investing in the US to build advanced plants and produce nanometer technologies while awaiting approval from Taipei for more advanced chip production overseas. Despite labor challenges, TSMC's internationalization strategy aims to comply with local regulations and manage global operations effectively.
Source: YAHOO