The government is to assist Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) search for a suitable site for an advanced wafer fab, National Development Council (NDC) Minister Kung Ming-hsin (龔明鑫) said yesterday.
Kung’s comments come amid claims from local residents that TSMC has agreed to abandon a planned expansion project in the Longtan (龍潭) section of Hsinchu Science Park (新竹科學園區).
Chinese Nationalist Party (KMT) caucus whip William Tseng (曾銘宗) asked the minister, who sites on TSMC’s board of directors, whether the government — the chipmaker’s single largest investor with a 6.38 percent stake — was aware of the Longtan project.
Photo: CNA
Kung said that the government would provide any assistance necessary to help TSMC locate an ideal place in Taichung or Kaohsiung for a wafer fab to make chips with technology more advanced than the 2-nanometer process.
The Hsinchu Science Park Bureau said that the Longtan expansion project covers a 158.59 hectare parcel for semiconductor firms to develop 2-nanometer or more sophisticated technologies.
The project is expected to create 5,900 jobs and generate NT$600 billion to NT$650 billion (US$18.6 billion to US$20.14 billion) in production value per year, it said.
The expansion is aimed at helping upgrade Taiwan’s industrial development, and several semiconductor firms had expressed their willingness to invest in the project, the bureau said.
However, the project has faced strong opposition from Longtan residents on environmental grounds. Several residents staged a protest in front of the bureau on Oct. 4, demanding a withdrawal of the plan.
A group opposed to the expansion wrote on social media that TSMC had expressed a willingness to abandon the project at a meeting with residents and Hsinchu Science Park Bureau representatives.
Kung said that he was not sure whether TSMC had yet proposed leaving the project to its board, while an official from the National Development Fund said the government would stay in contact with the chipmaker on the matter.
TSMC has yet to comment on the claims.
The semiconductor firm started mass production of the advanced 3-nanometer process in Tainan at the end of last year, and is developing the more advanced 2-nanometer process, which is slated to begin commercial production in Hsinchu in 2025, while production is also planned in Kaohsiung.
Shares of contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) came under pressure yesterday after a report that Apple Inc is looking to shift some orders from the Taiwanese company to Intel Corp. TSMC shares fell NT$55, or 2.4 percent, to close at NT$2,235 on the local main board, Taiwan Stock Exchange data showed. Despite the losses, TSMC is expected to continue to benefit from sound fundamentals, as it maintains a lead over its peers in high-end process development, analysts said. “The selling was a knee-jerk reaction to an Intel-Apple report over the weekend,” Mega International Investment Services Corp (兆豐國際投顧) analyst Alex Huang
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) is expected to remain Apple Inc’s primary chip manufacturing partner despite reports that Apple could shift some orders to Intel Corp, industry experts said yesterday. The comments came after The Wall Street Journal reported on Friday that Apple and Intel had reached a preliminary agreement following more than a year of negotiations for Intel to manufacture some chips for Apple devices. Taiwan Institute of Economic Research (台灣經濟研究院) economist Arisa Liu (劉佩真) said TSMC’s advanced packaging technologies, including integrated fan-out and chip-on-wafer-on-substrate, remain critical to the performance of Apple’s A-series and M-series chips. She said Intel and Samsung
TRANSITION: With the closure, the company would reorganize its Taiwanese unit to a sales and service-focused model, Bridgestone said Bridgestone Corp yesterday announced it would cease manufacturing operations at its tire plant in Hsinchu County’s Hukou Township (湖口), affecting more than 500 workers. Bridgestone Taiwan Co (台灣普利司通) said in a statement that the decision was based on the Tokyo-based tire maker’s adjustments to its global operational strategy and long-term market development considerations. The Taiwanese unit would be reorganized as part of the closure, effective yesterday, and all related production activities would be concluded, the statement said. Under the plan, Bridgestone would continue to deepen its presence in the Taiwanese market, while transitioning to a sales and service-focused business model, it added. The Hsinchu
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) has approved a capital budget of US$31.28 billion for production expansion to meet long-term development needs during the artificial intelligence (AI) boom. The company’s board meeting yesterday approved the capital appropriation plan for purposes such as the installation of advanced technology capacity and fab construction, the world’s largest contract chipmaker said in a statement. At an earnings conference last month, TSMC forecast that its capital expenditure for this year would be at the higher end of the US$52 billion to US$56 billion range it forecast in January in response to robust demand for 5G, AI and