The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Advance Local. TSMC's WaferTech factory in Camas, in 2004.TSMC photo. TSMC was down during the trading day in Taipei, closing at 320 NTD ($10). Wireless router satisfaction plummets amid rise in remote work, online learning, says J.D. All rights reserved. By Taiwan Semiconductor Manufacturing Co. said Thursday night it will spend $12 billion to build a new chip factory in Arizona. Taiwan Semiconductor described its 5-nanometer production capabilities as the most advanced in the world. TSMC Will Not Ship To Huawei This Quarter, Expects 70% Density Gain From N3 Node. A $12 billion advanced chip factory in Phoenix to be built by industry giant Taiwan Semiconductor Manufacturing Co. will take years to develop and promises to propel Arizona as a technology leader. "This project will undoubtedly change the landscape of our community in a huge, positive way. Arizona's Public Interest Research Group has criticized the Arizona Commerce Authority’s transparency practices, particularly with regard to the use of taxpayer money for subsidies and incentives directed towards companies. TSMC's planned $12 billion Arizona chip fab inched closer to reality after reports surfaced that the company had secured U.S. subsidies. "They are pretty much the only game in town," he said. Chipmaker admits it cannot outrun the coronavirus. TSMC said it plans to start construction in Arizona next year and begin making chips in 2024, with expansion continuing until 2029. Cloud service providers are ramping data center capacity and that means Intel is printing enough money to paper over looming challenges. Taiwan Semiconductor Manufacturing Co.'s products are used in computers, smartphones, automobiles and many other applications. Ducey said the Arizona Commerce Authority is working with the city of Phoenix and the Greater Phoenix Economic Council to assist TSMC as it finalizes all aspects of the project. The U.S.-China trade war, national security concerns, geopolitical unrest and the COVID-19 pandemic have all underscored the shortfalls of relying on foundries located abroad and international supply chains. You may unsubscribe from these newsletters at any time. Phoenix is a global city operating on an international stage — this is yet another example of that.”. Taiwan Semiconductor Manufacturing Company's TPE:2330,NYSE:TSM dealings with the state of Arizona over a planned fab continued to be shrouded in secrecy after the Arizona Commerce Authority refused to release documents to Wccftech in response to a Freedom of Information request. Note to readers: if you purchase something through one of our affiliate links we may earn a commission. The state’s Department of Commerce confirmed Friday that it had sought TSMC’s new plant. Registration on or use of this site constitutes acceptance of our User Agreement, Privacy Policy and Cookie Statement, and Your California Privacy Rights (each updated 1/1/20). Hong Kong’s loss of special status could hurt startups, Baidu posts 7% revenue decline due to coronavirus, Coronavirus delays debut of Taiwan electronic ID card. © 2020 Advance Local Media LLC. Gallego in a statement to The Arizona Republic said she and Chris Mackay, the city's economic development director, traveled to Taiwan last year to make a pitch to the company. Wireless routers have emerged as one of the most aggravating in-home technology devices of 2020. It has not signed a commitment. Cloud arms race buys Intel time, massive profits, but indigestion likely. TSMC’s Deal With Arizona Continues to be a Secret. That expansion is not lost on both domestic and foreign companies looking for new operation centers," Gallego said. Logitech MX Anywhere 3, hands on: A compact mouse for mobile workers, Samsung updates Galaxy Fold with App Pair, DeX improvements, and more Z Fold 2 features. It operates primarily in Taiwan but has run the WaferTech factory in Camas since 1998. PHOENIX – Taiwan Semiconductor Manufacturing Company has selected Arizona for its new U.S. advanced semiconductor factory. 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The Trump administration has courted TSMC and Intel, Oregon’s largest corporate employer, seeking to bolster domestic chip production and blunt China’s aggressive expansion into the semiconductor industry. TSMC is a contract manufacturer making chips for other Apple and many other electronics companies. “TSMC’s plan to build and operate a $12 billion semiconductor facility in Arizona is yet another indication that President Trump’s policy agenda has led to a renaissance in American manufacturing and made the United States the most attractive place in the world to invest,” U.S. Secretary of Commerce Wilbur Ross said in a written statement. Taiwan Semiconductor generated $11.4 billion in net income on $35.8 billion in revenue in 2019. Here are the top Black Friday laptop and desktop deals from PC maker Dell -- many of which are available right now. The company makes more than 10,700 products, employs more than 51,300 people and operates 16 factories, primarily in Taiwan but with a couple in China and one in Camas, Washington. The U.S. government has reportedly been in talks with TSMC for months, though one sticking point for the company was the high cost of building a new foundry. Perfect Prime IR0280H fever detection thermal camera for COVID times. The PC maker's top Black Friday deals include discounts on ThinkPad and IdeaPad laptops and more. Samsung applies EUV to DRAM for the first time. Capacity will be 20,000 semiconductor wafers per month. North America accounted for 60% of revenues and China 20%, with the rest spread among other Asian nations. The company’s shares trade on the U.S. stock exchange under the symbol TSM and have a stock-market capitalization, or value, of $260 billion, which easily eclipses the size of any Arizona-based corporation. Jun 11, 2020 08:30 EDT Share Tweet Submit. “TSMC is committed to operating the WaferTech fab,” spokeswoman Nina Kao wrote in an email Friday. Several sites in the City of Phoenix are still being evaluated for the location of the factory. They chose Arizona for our unbeatable business … In response to Wccftech's request, an Arizona Commerce Authority spokesperson said that any documents related to perks, benefits or subsidies provided by Arizona related to TSMC's planned fab could not be released until the project is completed. Assuming it is built, the planned facility will use the company's 5-nanometer technology for semiconductor wafer fabrication, have a capacity for 20,000 semiconductor wafers per month and create 1,600 high-tech professional jobs, while supporting thousands of additional indirect jobs, the company said. Several sites in the City of Phoenix are still being evaluated for the location of the factory. Community Rules apply to all content you upload or otherwise submit to this site. She said her trip and the hard work from local and federal government agencies that worked on this for years — such as Phoenix, the Greater Phoenix Economic Council, Arizona Commerce Authority, and the U.S. Department of Commerce — were able to bring this project to Phoenix. Intel has historically made chips only for itself; a decision to build a factory dedicated to making chips for others would represent a major strategic shift. Washington is reliably Democratic, offering little electoral opportunity to the president. You may unsubscribe at any time. The project will create over 1,600 new high-tech jobs and generate thousands of additional jobs in the state for suppliers and other companies within the semiconductor industry. TSMC and GlobalFoundries settle patent disputes with cross-licensing agreement. Andrew Silver Best gifts: Tech gear to help you stay connected.
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