TSMC Reassures Commitment to Taiwan Amid Global Expansion

Synopsis

Speaking at a ceremony to open a massive global research and development center in Taiwan’s chip hub of Hsinchu, CEO C.C. Wei said he would like to take the opportunity to tell the people of Taiwan that the firm remained “rooted” on the island.

On Friday, TSMC reaffirmed its plan to invest in Taiwan. This comes as the world’s biggest contract chip maker is stepping up its international growth.

At an event to open a huge global research and development centre in Hsinchu, Taiwan, the centre of the chip industry, CEO C.C. Wei told the people of Taiwan that the company was still “rooted” on the island.

The company has promised to spend $40 billion to build a chip plant in the U.S. state of Arizona. Most of the company’s chips are made in Taiwan. It is also building one in Japan and thinking about building a second one there. TSMC has also talked with German officials about building a factory there.

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