After Protests, TSMC Pulls Out Of Northern Taiwan

(CTN News) – Local residents protested, saying they did not want to move to accommodate TSMC’s expansion of an industrial park near their homes, after Taiwan Semiconductor Manufacturing Co Ltd said it wouldn’t build an advanced chip factory in a rural area of northern Taiwan.

There have been reports that the company will be working with the government’s Science Park Administration to evaluate property in Taiwan that would be suitable for the construction of semiconductor factories.

According to the report, an alternative site was not mentioned as a potential alternative.

The world’s largest contract chip manufacturer intends to build a 1-nanometer chip factory in Longtan, according to a report published by the Central News Agency in December, which quoted an official from the Science Park Administration as saying that the factory will be built by the end of the year.

In terms of mass production technology, TSMC’s 3-nanometer technology is today the most advanced technology that it has to offer.

It has been stated by Taiwan’s Economy Minister Wang Mei-hua that the government will assist TSMC with its land, water and power requirements, due to the fact that semiconductor manufacturing is one of the most important industries on the island.

A mayor of Kaohsiung in the south of Taiwan, where TSMC is currently building a 2-nanometer chip manufacturing facility, Chen Chi-mai, said his city has enough water, power, and land to accommodate new semiconductor factories in the near future.

On Wednesday, he held a press conference and told journalists that opportunities are reserved for those who are prepared to take advantage of them.

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