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Photo = Yonhap news |
[Alpha Biz= Paul Lee] Taiwan's TSMC, the world's largest foundry (semiconductor contract manufacturer), will invest $100 billion (approximately 146 trillion KRW) in semiconductor plants in the United States over the next four years.
According to foreign reports from the Wall Street Journal (WSJ) and Bloomberg on Monday (local time), U.S. President Donald Trump is set to announce TSMC's investment plan in the White House later this afternoon.
Before the announcement, TSMC Chairman Wei Zhejia is expected to meet with President Trump at the White House to discuss the company's investment plans in the U.S.
In a statement, TSMC expressed, "We are pleased to have the opportunity to meet with President Trump and look forward to discussing our shared vision for growth and innovation in the semiconductor field."
Previously, TSMC announced plans to invest $12 billion in Arizona to build a semiconductor plant in 2020, and later expanded the investment to $65 billion. TSMC’s U.S. plant began mass production last year.
Under the U.S. Semiconductor Support Act (CSA) during the Biden administration, TSMC received a $6.6 billion subsidy for its U.S. investment. However, President Trump has criticized the subsidy for foreign companies, arguing that imposing tariffs on imported semiconductors would encourage companies to increase their investments in the U.S.
AlphaBIZ Paul Lee(hoondork1977@alphabiz.co.kr)
