Thursday, May 14, 2020

BUSINESS_ Taiwan Firm to Build Chip Factory in U.S.

THE WALL STREET JOURNAL

WSJ NEWS EXCLUSIVE  -  BUSINESS


Taiwan Firm to Build Chip Factory in U.S.

Plans for TSMC’s Arizona Plant Come As Trump Seeks To Cut Dependence on Asia


By Bob Davis, Kate O'Keeffe in Washington and Asa Fitch in San Francisco

Updated May 14, 2020 7:09 pm ET

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Taiwan Semiconductor Manufacturing Co., the world’s largest contract manufacturer of silicon chips, is set to announce plans to build an advanced chip factory in Arizona as U.S. concerns grow about dependence on Asia for the critical technology.

The plans for the plant, likely to cost billions of dollars, come as the Trump administration has sought to jump-start development of new chip factories in the U.S. due to rising fears about the U.S.’s heavy reliance on Taiwan, China and South Korea to produce microelectronics and...

READ MORE: https://www.wsj.com/articles/taiwan-company-to-build-advanced-semiconductor-factory-in-arizona-11589481659?mod=hp_lead_pos6



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