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Taiwan government to help TSMC expand at home
Original: The Ministry of Economic Affairs stated that the government will help TSMC expand investment in Taiwan amidst rumors of
Taiwan's Ministry of Economic Affairs says the government will help TSMC expand its investment in Taiwan, pushing back against rumors that the chipmaker is planning a new semiconductor investment in Singapore. The statement, reported by DigiTimes Asia, is meant to reassure that TSMC's most advanced production stays rooted on the island, a recurring concern as the company builds fabs overseas in the United States and Japan.
Why now: Rumors of a possible TSMC investment in Singapore have reignited worries about chip production shifting away from Taiwan.
TSMCTaiwan Ministry of Economic AffairsSingaporeDigiTimes Asia
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