Taiwan’s TSMC Pelosi meets with the U.S. delegation… Discussion on investment in the US

Taiwan’s TSMC, the world’s largest foundry (semiconductor consignment production) company, met with officials from the US Congress who recently visited Taiwan to discuss investment in the US, Taiwan’s Central News Agency (CNA) and others reported on the 17th.

According to CNA, TSMC officials met with U.S. and opposition members of the Senate and House of Representatives, including Senator Ed Markey (Democratic), who visited Taiwan on the 14th and 15th.

TSMC exchanged views on investment in the U.S. with a council of five members, including Rep. Markey, and in particular, discussed the issue of building a state-of-the-art wafer factory by investing $12 billion (regarding 16 trillion won) in Arizona, USA. was done, the CNA said.

TSMC’s Arizona plant is expected to begin commercial production in 2024.

Prior to this, TSMC Chairman Liu De-yin communicated with U.S. House of Representatives Speaker Nancy Pelosi via video when he visited Taiwan on the 2nd and 3rd to discuss the semiconductor industry promotion law (semiconductor and science law), which was recently signed by US President Joe Biden. have been discussed

Recently, the US has been collaborating on semiconductors while saying ‘a disappointment’ to Taiwan.

Taiwan is also making it easier than ever to purchase arms from the United States while receiving security-related commitments.

/yunhap news

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