TSMC’s US factory will allow it to “attack” Intel and Samsung, the researcher says

This is not investment advice. The author has no position in any of the stocks mentioned. Wccftech.com has a disclosure and ethics policy.

Taiwan Semiconductor Manufacturing Company (TSMC)’s decision to set up a factory in the US continues to send shock waves in Taiwan. TSMC held a groundbreaking ceremony for its plant earlier this month, with high-level guests, including President Biden. The event was marked by the controversial statement by the company’s founder, Dr. Morris Chang, that globalization was dead, and was followed by fears raised by the opposition party in Taiwan that the company would move to the United States and deny the island region a crucial point. Advantage in the global supply chain.

Now, Taiwan’s President Tsai Ing-wen has shared her opinion on the matter, with academics and more members of the opposition also participating. The president agrees with TSMC Chairman Dr. C. Si Wei who previously made clear that “de-Taiwanization” is not an option for the company, even as its opposition fears that TSMC could lose its place in Taiwan’s national security as it begins to expand internationally.

Taiwan’s Kuomintang says TSMC prospered during her tenure in government and should be lured to stay in Taiwan

In a rare briefing, President Tsai addressed members of the Taiwanese press earlier today as, unsurprisingly, he brought up the issue of TSMC’s plans to expand overseas as well. When asked if TSMC was de- Taiwanese after building a state-of-the-art manufacturing facility in the US, the president quoted the company’s current and former executives to highlight that those concerns were unfounded. It quoted Dr. Wei and made it clear that the CEO of TSMC believes that moving away from Taiwan is not an option for the company.

Also Read:  God of War TV series will be incredibly true to the source, Amazon Prime Video exec says

She added that the founder of TSMC, Dr. The process relies heavily on a wide range of different inputs such as chemicals and clean water – which then leads to companies setting up near manufacturing facilities to provide inputs to companies like TSMC.

The Thai President during her press conference earlier today. Photo: Du Jianzhong/UDN

Another press conference, held by Taiwanese opposition party KMT, was even more colorful as it raised various concerns about TSMC’s decision to establish the US plant. In the event, the KMT leaders claimed that it was their party that motivated TSMC, and now the government must do everything it can to ensure that the company has a hospitable environment in Taiwan. In addition, they questioned whether there would be more chips produced by TSMC in the US facility than in Taiwan, if the company would lose its leading technologies and whether it would be able to ‘protect’ Taiwan and keep yield rates secret. .

In response, the ruling party said that all these concerns had previously been addressed by both the government and TSMC itself, adding that the main concern in the minds of the government was whether TSMC might lose any talent to hostile countries. Taiwan’s Minister of Economy, Ms. Weng Mei-hua, previously stated that just because TSMC has opened a factory in America does not mean it is an “American manufacturer”.

Finally, Director of the Macroeconomic Forecasting Center under the Taiwan Institute of Economic Research, Dr. Sun Ming-ti also held his own press conference where he commented on the macroeconomic outlook for Taiwan. Naturally, questions were also raised about the effects of TSMC’s chip factory in the United States, and the researcher was very optimistic about the development. He even likened the decision to Sun Tzu’s Art of War, and made it clear that it was necessary for TSMC to “attack” competitors such as Intel Corporation and Samsung Foundry.

Also Read:  Flavors of HEDT and workstations with up to 8-channel memory and 128 PCIe Gen 5 Lanes

Dr. Sun noted that by moving to the United States, TSMC can use American resources to expand its global presence and allay customers’ concerns about supply chain security. He added that moving to the US would also enable the company to take on Intel and Samsung – both of which have a strong presence in the country. Dr. Sun also rejected Dr. Zhang’s remarks that globalization is dead, stating that unlike globalization which refers to companies selling their products all over the world, it now refers to companies that produce their products all over the world.

Share this story



Leave a Comment