Semiconductor manufacturer TSMC’s planned expansion in the US will not weaken Taiwan’s position in the global semiconductor industry, according to the Economic Ministry. The ministry said Tuesday that the government maintains a good relationship with TSMC and that the company's overseas investments are based on long-term competitiveness considerations.
The statement comes after TSMC Chairman and CEO C.C. Wei (魏哲家) joined U.S. President Donald Trump in the White House to announce a major investment of at least US$100 billion in the U.S. The plan includes constructing three wafer fabrication plants, two advanced packaging facilities, and a research and development center. The project is expected to be the largest single foreign direct investment in U.S. history.
The Economic Ministry’s Industrial Development Administration (IDA) says the semiconductor industry has always been a major driver in Taiwan’s economy and high-tech sector. It adds that while TSMC expands globally, it continues to advance its high-end manufacturing capabilities in Taiwan, including breakthroughs in 2-nanometer and 1.4-nanometer process technologies. The IDA says that the government has always supported development strategies that help improve industrial competitiveness and that its position will not change.
The Economic Ministry says that as long as investment aligns with Taiwan’s national strategy, it will be viewed as an extension of the country’s technological strength. The ministry will continue working closely with the private sector through policy planning and investment mechanisms to safeguard Taiwan’s key role in the global semiconductor industry.