Taiwan’s TSMC to build $12-billion Arizona Chip plant as US-China rivalry escalates

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Taiwan’s TSMC to build $12-billion Arizona Chip plant as US-China rivalry escalates

On Friday, the 15th of May 2020, the Taiwanese Semiconductor industry leader, TSMC (Taiwan Semiconductor Manufacturing Co. Ltd.) and the world’s No. 1 contract semiconductor manufacturer, said in a statement that the company was brewing off a plan to build a $12 billion mega-factory in Arizona, suggesting a likely win for the Trump Administration which had long been vying to block China out of the global tech supply chain.

In point of fact, latest announcement from the Taiwanese chipmaker came forth months after the anti-Beijing Government of President Tsai Ing-wen, a right-leaning independent politician, had been sworn to take the office following a landslide victory on January 11th, 2020, which industry analysts said had eased the White House’s effort to regulate the semiconductor industry supply chain.

Aside from that, according to the Taiwanese chipmaker’s Friday’s (May 15th) statement, the world’s largest contract chipmaker’s plan to manufacture a $12 billion factory in the US state of Arizona would create more than 1,600 jobs, demonstrating a widening political fleabag between Beijing and the China-controlled Taiwan, as the move shortly followed the US President Donald Trump’s steep criticism on China’s failure to contain the pandemic outbreak which has now been stripping off a swathe of global supply chains.

Meanwhile, citing a through-and-through optimism over the company’s latest project to build a $12 billion chipmaking factory in Arizona, TSMC, a major supplier for Qualcomm and Apple chips, said in a statement on Friday (May 15th), “This project is of critical, strategic importance to a vibrant and competitive U.S.

semiconductor ecosystem that enables leading U.S. companies to fabricate their cutting-edge semiconductor products within the United States.