The company passed over its existing site in Camas, just across the Columbia River from Portland, despite Washington state’s efforts to lure the new factory there.“TSMC is committed to operating the WaferTech fab,” spokeswoman Nina Kao wrote in an email Friday. The state’s Department of Commerce confirmed Friday that it had sought TSMC’s new plant.TSMC declined to comment on whether it considered expanding in Camas instead of building in Arizona. Taipei, (UrduPoint / Pakistan Point News - 15th May, 2020 ) :Taiwanese computer chip giant TSMC announced Friday it will spend $12 billion on a state-of-the-art semiconductor foundry in the United States, creating thousands of jobs.. Its decision to situate a plant in the western state comes after White House officials had warned repeatedly about the threat inherent in having much of the world’s electronics made outside of the U.S. TSMC had negotiated the deal with the administration to create American jobs and produce sensitive components domestically for national security reasons, according to people familiar with the situation.“The scale & technology is similar to what TSMC did in China, suggesting a balance between the U.S. & China,” Sanford C. Bernstein & Co. analysts led by Mark Li wrote after the announcement. “We have never closed down a single fab in our history, as we are able to convert mature technology production lines to specialty technology such as sensors or power management semiconductors.”“We had multiple conversations with officials from TSMC about the potential for this expansion in Washington state during their decision making process,” department spokeswoman Penny Thomas wrote in an email. Beijing’s ambition of creating a world-class domestic semiconductor industry has unnerved Washington, which fears the country’s technological ascendancy may pose a longer-threat. TSMC needs both U.S. & China to maintain scale & stay competitive and this is probably the minimal cost to keep this strategy.”“There is a cost gap, which is hard to accept at this point. “This project will require significant capital and technology investments from TSMC.

TSMC spent US$17 billion to build an advanced facility in the southern Taiwanese city of Tainan that will churn out components for new iPhones this year. 14 May, 2020.

Arizona is an electoral battleground and the Taiwanese company’s decision to build there could give President Donald Trump an economic win to tout to voters.“TSMC’s plan to build and operate a $12 billion semiconductor facility in Arizona is yet another indication that President Trump’s policy agenda has led to a renaissance in American manufacturing and made the United States the most attractive place in the world to invest,” U.S. Secretary of Commerce Wilbur Ross said in a written statement.TSMC said it plans to start construction in Arizona next year and begin making chips in 2024, with expansion continuing until 2029.Note to readers: if you purchase something through one of our affiliate links we may earn a commission.Taiwan Semiconductor Manufacturing Co. said Thursday night it will spend $12 billion to build a new chip factory in Arizona. It plans another US$$16 billion in capital spending this year.If the federal government provides cash for a U.S. plant, it’ll mark a shift in policy and rhetoric from a Republican administration.

Its factories, which are primarily located in Taiwan, produce important components designed by Apple Inc. and most of the largest semiconductor companies, including Qualcomm Inc., Nvidia Corp., Advanced Micro Devices Inc. and China’s Huawei Technologies Co. That makes TSMC a crucial part of many electronic devices, such as smartphones, laptops and servers running the internet, and corporate and government computer networks.A cutting-edge fab is expensive to build.

“TSMC’s plan to build a $12 billion semiconductor facility in Arizona is yet another indication that President Trump’s policy agenda has led to … Arizona; China; ARIZONA – Taiwan Semiconductor Manufacturing Co. is planning to build a multibillion-dollar chip plant in Arizona, a potential realignment of global trade designed to allay U.S. concerns over supply chain security. TSMC plans to start volume production of its new 3nm node in the second half of 2022.

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