TSMC fabs to stay in Taiwan, ministry says
SUPPLY CHAIN RACE:
The president of TSMC’s European subsidy is reportedly to meet with an EU trade official to talk about ‘chip sovereignty’
By Angelica Oung / Staff reporter
Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) most advanced technology would stay in Taiwan, Minister of Economic Affairs Wang Mei-hua (王美花) said yesterday in response to lawmakers’ queries on talks between the manufacturer and the EU.
“Regardless whether TSMC establishes production facilities or pursues cooperation in Europe, Taiwan will remain the home base for its most advanced technologies,” Wang told a joint meeting of the legislature’s Economics Committee, and Judiciary and Organic Laws and Statutes Committee.