• Home
  • Business
  • Taiwan’s TSMC eyeing advanced chips base in Arizona – Morris Chang says
Image

Taiwan’s TSMC eyeing advanced chips base in Arizona – Morris Chang says

Taiwanese chipmaker TSMC is planning to produce chips with advanced 3-nanometre technology at its new factory in the US state of Arizona, but the plans are not completely finalised yet, the company’s founder Morris Chang said recently.

Taiwan Semiconductor Manufacturing Co, a major Apple supplier and the world’s largest contract chipmaker, is constructing a $12bn plant in Arizona.

Last year, a report stated TSMC’s plans to build more chipmaking factories in Arizona, including discussions about whether its next plant should be more advanced which could make chips with 3-nanometer technology compared with the slower, less-efficient 5-nanometer chips that will be churned out when the facility begins production.

Chang, speaking to reporters in Taipei after returning from the APEC summit in Thailand, said the 3-nanometre plant would be located at the same Arizona site as the 5-nanometre plant.

“Three-nanometre, TSMC right now has a plan, but it has not been completely finalised,” said Chang, who has retired from TSMC but remains influential in the company and the broader chip industry.

“It has almost been finalised – in the same Arizona site, phase two. Five-nanometre is phase one, 3-nanometre is phase two.”

TSMC, Asia’s most valuable listed company, declined to comment.

The company is holding a “tool-in” ceremony in Arizona on December 6.

Chang said he would be attending, along with TSMC customers and suppliers and US Commerce Secretary Gina Raimondo.

Chang added that US President Joe Biden has also been invited, but that he did not know if he would be going.

Taiwan’s dominant position as a maker of chips used in technology from mobile phones and cars to fighter jets has caused concern the world is too reliant on the island, especially as China ramps up military pressure to assert its sovereignty claims.

The United States and Europe are putting up billions in incentives to get companies to make chips closer to home, courting in particular Taiwanese firms.

Chang said people had just woken up to how important chips were.

“There are a lot of jealous people, jealous of Taiwan’s excellent chip manufacturing,” he said. “So, there are also a lot of people who for various reasons, whether it is for national security or making money, hope to manufacture more chips in their countries.”

Chang said in his meetings at APEC, “Many countries asked me, can we go to their countries to manufacture chips?”

He did not say which countries those were.

SOURCE: REUTERS

Related Posts

Ghana: GCX benefit 350,000 smallholder farmers

The Ghana Commodity Exchange (GCX) has ensured fair prices for more than 50,000 small-scale farmers who have participated…

Nigeria: SMEDAN, Sterling bank unveils N5 billion single interest loan for small businesses

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), in collaboration with Sterling Bank Ltd., introduced a…

Ghana: KIC opens call for Business Booster Program

Kosmos Innovation Center (KIC) in partnership with the Mastercard Foundation has announced the opening of call for applications…

Nigeria: Diageo to divest majority stake in Guinness Nigeria

British multinational alcoholic beverage company Diageo has agreed to sell its 58 percent majority shareholding in Guinness Nigeria…

Ghana: Newmont’s annual ‘Read to Inspire’ initiative boosts literacy in community schools

Newmont’s Women and Allies Business Resource Group (BRG) in Ahafo recently held its annual ‘Read to Inspire’ outreach…

Ghana: Fan Milk Plc Announces Appointment of New Managing Director

Fan Milk Plc, a prominent manufacturer and distributor of dairy products and beverages in Ghana, is excited to…

Nigeria: Chioma Onukogu Appointed Director of Board Affairs and Proceedings at African Development Bank

The African Development Bank has appointed Chioma Onukogu as the Director of Board Affairs and Proceedings within the…

InstinctBusiness Top Three (3) CEOs of the Week

We are delighted to introduce the InstinctBusiness Top Three (3) CEOs of the Week, recognizing the visionary leaders…

Nigeria: Afreximbank assist Fidelity Bank’s UK expansion with $40m

The African Export-Import Bank has disbursed a $40 million Intra-African Investment Facility to support Fidelity Bank Nigeria Plc’s…