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After TSMC’s founder, Dr. Morris Chang, once again successfully stirred controversy by sharing his belief that recent geopolitical shifts mean that globalization is a thing of the past, Taiwan’s Minister of Economy, Ms. Weng Mei-hua, shares her opinion on the issue indicating that global trade It is still alive in large part because of the existence of organizations such as the World Trade Organization (WTO). However, she added that the global ecosystem is changing as countries take restrictive measures to protect their national security and dubbed comments, noting that TSMC is now an “American manufacturer”, as efforts to destabilize the US-Taiwan relationship.
TSMC in the US sparks fresh controversy as accusations continue
At the beginning of this week, TSMC officially celebrated the arrival of the first batch of machines at its Arizona plant. The ceremony was a high-profile event, as not only CEOs from Apple, AMD and NVIDIA joined the event, but President Biden also made his mark by celebrating the return of manufacturing to his country.
However, at the same time, controversy was present in the controversy surrounding the plant, with several quarters accusing TSMC of disrupting the semiconductor supply chain. This received sharp responses from Minister Mi-hua and the President of Caixin Media, Mr. Xie Jinhe.
The latter, who agreed with Dr. Chang’s assessment of globalization, shared in another post on social media that talk of “de-Taiwanization” is not in the interest of the island region. He added that TSMC CEO Dr. Mark Liu and CEO, Dr. C. Si Wei, have been honored with President Biden’s side — an honor no other executive in Taiwan can claim for themselves. Mr. Jinhe also said that Fab Arizona represents an important step in TSMC’s internationalization, and those who think it represents the removal of chip manufacturing from Taiwan are ignorant.
Ms. Mi-hwa’s remarks followed a similar tone. However, she disagreed with Dr. Chang’s statement that globalization was over. According to her, organizations such as the World Trade Organization continue to promote free trade globally. Recently, however, the dynamics have also changed because countries are now actively taking steps to protect their national security by implementing measures outside the scope of the WTO. The minister believes that given Taiwan’s crucial position in the global supply chain, it will be difficult for her country to respond to the recent changes.
In addition, she also mentioned allegations that TSMC is now an “American manufacturer” as mainland China propaganda aimed at destabilizing the US-Taiwan relationship and slowing down TSMC’s acceleration of manufacturing in the US – which accordingly, to her, would benefit the mainland.
TSMC announced that it will produce N4 chips at its US factory from 2024, and increase production up to 3nm in 2026. Since the company already produces 3nm products in Taiwan, this leaves the Asian island ahead in terms of manufacturing technology – only when TSMC is taken into account. The other player in this field is Intel, which has presented its product roadmap and aims to manufacture 2nm processors in the first half of 2024. On the other hand, TSMC plans to build these chips in Taiwan in 2025. The competition has intensified between the two recently, especially And that TSMC has jumped ahead in terms of rolling out new technologies, and Intel has gotten into the contract chip-making industry as well. The former Arizona plant is also expected to help US companies, such as AMD, buy advanced chips closer to home.