It recently hired former Intel lobbyist Peter Cleveland to coordinate its efforts in Washington. "It may also stoke further tensions between Washington and Beijing, given China's insistence that it has sovereignty over Taiwan -- which it calls Chinese Taipei -- and its irritation that the U.S. has supported the island's independence.President Donald Trump said yesterday during a Fox Business Network interview that he isn't interested in speaking with China's President, Xi Jinping and repeated his criticism of China's handling of the coronavirus outbreak.He has also threatened to "terminate" the recently-agreed phase 1 trade deal and yesterday said he could "cut off the whole relationship".Severing economic ties with China, which does around $660 billion in annual trade with the United States, is not a viable option for the President, but enticing the return of supply chains, especially in the tech sector, certainly mitigates some of the risks associated in running a persistent trade deficit with the world's second-largest economy. Governor Doug Ducey has announced that following a national search, Taiwan Semiconductor Manufacturing Company has selected Arizona for its new U.S. advanced semiconductor factory. PHOENIX - Taiwan Semiconductor Manufacturing Company has selected Arizona for its new U.S. advanced semiconductor factory. The facility will have a 20,000 semiconductor wafer per month capacity, and create over 1,600 high-tech professional jobs directly. Source: Arizona Commerce Authority . The company currently operates a semiconductor plant in Camas, … ARIZONA DAILY INDEPENDENT LLC © CONTACT US AT 10645 NORTH ORACLE ROAD 121-244 ORO VALLEY AZ 85737 (520) 906-8081 "We view this as a goodwill step from TSMC -- potentially to alleviate the impact of US/China tech tensions on the company -- as the capacity mentioned is not huge (5nm capacity planned this year in Taiwan will already reach 50-55k WPM) and it will only start production in 2024," said China Renaissance Securities analyst Szeho Ng in Hong Kong. U.S. Secretary of State Mike Pompeo said TSMC's decision to build in Arizona "comes at a critical juncture, when China is competing to dominate cutting-edge technology and control critical industries" adding it will "increase U.S. economic independence.
The announcement by Taiwan Semiconductor Manufacturing Company (TSMC) of the intention to build a “fab” in Arizona is big news, although it is really just a toe in the water. One year on from Foxconn's much-touted plans to create 13,000 jobs in Wisconsin, Taiwan chipmaking giant TSMC says its ready to invest $12 billion in a new high-tech factory in Arizona. Several sites in the City of Phoenix are still being evaluated for the location of the factory.According to the Company, construction is planned to start in 2021 with production targeted to begin in 2024. Taiwan Semiconductor Mfg. The facility will have a 20,000 semiconductor wafer per month capacity, and create over 1,600 high-tech professional jobs directly. TSMC has been trying to push back, or at least to get a seat in the policy discussions. free land and tax incentives) or other commitment to this project, and we see TSMC as unlikely to be willing to assume extra financial burdens by itself for this US fab build, given the fiduciary responsibility it has to its shareholders," he added. Taiwan Semiconductor Manufacturing Co., the world’s largest contract semiconductor foundry, said today that it plans to build an advanced chip foundry in Arizona …