The Arizona plant still requires approval from TSMC’s board, which may hinge on incentives. As the world’s largest and most advanced maker of chips for other companies, TSMC plays a crucial role in the production of devices from smartphones and laptops to servers running the internet. Tesla, an American electric vehicle and clean energy company is bringing something huge to the U.S. final plant construction decision. "I’d like to thank TSMC Chairman Dr. Mark Liu for his commitment to Arizona. In fact, Mr. Wu has already commenced work ahead of 2021 when the plant hopes to commence construction. 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. The Arizona facility will be the second such operation for the company. TSMC’s only other significant challenger is South Korea’s Samsung Electronics Co., which is investing more than $116 billion in its effort to keep up with the leader. Each wafer can contain thousands of individual chips. PHOENIX (AP) — A Taiwan-based maker of silicon chips plans to build an advanced semiconductor factory in Arizona, Gov. Stay informed daily on the latest news and advice on COVID-19 from the editors at U.S. News & World Report. Top 5 chip makers that can supply Huawei presently, uild a vehicle assembly plant in the United States. PHOENIX – Taiwan Semiconductor Manufacturing Company has selected Arizona for its new U.S. advanced semiconductor factory. Its decision to situate a plant in the western state comes after White House officials had warned repeatedly about the threat inherent in having much of the world’s electronics made outside of the U.S. TSMC had negotiated the deal with the administration to create American jobs and produce sensitive components domestically for national security reasons, according to people familiar with the situation. TSMC said that the fab will start construction in 2021 and mass production will begin in 2024. "This project will undoubtedly change the landscape of our community in a huge, positive way. “The budget... suggests the eventual scale won’t be big,” Bernstein analysts said in a note, adding revenue contribution from the plant will stay at around 3%-4%. The Arizona facility would be TSMC’s second manufacturing site in the United States. Taiwanese Chipmaker Plans to Build $12 Billion Factory in Arizona. U.S. Secretary of State Mike Pompeo said chips from the new TSMC plant will power everything from artificial intelligence to 5G base stations to F-35 fighter jets. Keep up to date with the latest Chinese Android phone news and reviews on our social media channels: Copyright © GizChina.com (Gizchina Media s.r.o.) President Donald Trump is trying to win a state he narrowly lost to Hillary Clinton in 2016, this time facing former Vice President Joe Biden, who finished fifth in New Hampshire’s Democratic primary in February. AZ International Auto Show & New Car Buyer's Guide 2020 Model Year. According to the Company, construction is … TSMC currently has a fab in Camas, Washington, and design centers in Austin, Texas, and San Jose, California. The company hasn't selected a location; it is still evaluating several sites, Ducey said in the statement released by his office. 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 All rights reserved. Doug Ducey announced Thursday night. ET | Register Now >>, Taiwan Company to Build Semiconductor Factory in Arizona. Beyond thanking the company, authorities said little, because it remains an active economic development project. We are honored to be selected for this project and look forward to building a collaborative long-term relationship with TSMC," Ducey said. “While it is hard to be certain, we believe that TSMC announcing a U.S. Fab could remove the threat of further Huawei restrictions in the very near-term at least,” JP Morgan analysts said in a note. Regarding this report, TSMC stated that it is actively preparing for its plant construction plan in the United States. Credit Suisse analysts said proposed restrictions could threaten TSMC’s 14% of sales from Huawei, escalate U.S.-China tensions and delay the rollout of the next-generation 5G mobile network. We are honored to be selected for this project and look forward to building a collaborative long-term relationship with TSMC," Ducey said. While huge in terms of foreign investment in the United States, the plan is small by TSMC’s standards. - 2012-2020 All Rights Reserved. TSMC said that construction of the Arizona facility would begin in 2021 with production targeted to begin in 2024, and that it would be able to process up to 20,000 silicon wafers per month. Doug Ducey and Mayor Kate Gallego confirmed, with production targeted to begin in 2024. By producing chips for many of the leading tech companies, TSMC has amassed the technical know-how needed to churn out the smallest, most efficient and powerful semiconductors in the highest volumes. Concentrating such valuable capabilities in the hands of one company in Asia is a concern for the U.S., especially when, across the Strait of Taiwan, China is rushing to develop its own semiconductor industry. I'm a professional geologist and an enthusiastic writer who is interested in technology. The facility will utilize TSMC’s 5-nanometer technology for semiconductor wafer fabrication and have the capacity to produce 20,000 wafers per month. Angry Birds Tennis scrapped by Rovio after unsuccessful soft launch! the factory director will be the current TSMC technical director Wu Yihuang. “TSMC could have picked any place in the world to build this advanced manufacturing factory," Ducey said. Presently, the company already has a vehicle production plant in the United States. Its chips power Apple’s iPhones and the iPhone maker works closely with TSMC to become the first to take advantage of new advances in its chip-making processes. An expansive swath of desert in north Phoenix is likely the landing spot for Taiwan Semiconductor Manufacturing Co. … Rafael Henrique–SOPA Images/LightRocket /Getty Images, New Hampshire Towns Deliver First Election Day Results, Why Experts Aren't Worried About COVID-19 on Packaging, Your Guide to Vote by Mail Deadlines in Every State, You can unsubscribe at any time. According to insiders, the factory director will be the current TSMC technical director Wu Yihuang. "I’d like to thank TSMC Chairman Dr. Mark Liu for his commitment to Arizona. The Arizona facility will be the company’s second manufacturing operation in the United States. Best States is an interactive platform developed by U.S. News for ranking the 50 U.S. states, alongside news analysis and daily reporting. Includes information from Arizona Republic reporter Lorraine Longhi. A true cutting-edge fab is expensive to build: The company spent NT$500 billion ($17 billion) to build an advanced facility in the southern Taiwanese city of Tainan that will supply new iPhones this year. Trump has long pledged to bring manufacturing back from overseas and now a steep economic slump brought on by the coronavirus is driving a government-wide push to end U.S. production and supply chain dependency on China. Construction is planned to begin next year with production targeted to start in 2024. The most expensive political race in Maine history is drawing to a close, and voters are now getting the final say. Taiwanese Chipmaker Plans to Build $12 Billion Factory in Arizona. This means that it is not only providing jobs for Americans, it is also training Americans on the development of an advanced manufacturing process. The company’s “scale and high-quality technology allow the firm to generate solid operating margins, even in the highly competitive foundry business,” said investment researcher Morningstar. The U.S. government is keen to bring the advanced chip manufacturing process home. If the federal government provides cash for a U.S. plant, it’ll mark a shift in policy and rhetoric from a Republican administration. "We are unable to comment further as this is an active economic development project. The plant, the biggest foreign investment by TSMC, will produce the most sophisticated 5 nanometer chips, which can be used in high-end defense and communications devices. The investment will be made from 2021 to 2029. Use of this site constitutes acceptance of our, Taiwanese Chipmaker Plans to Build $12 Billion Factory in Arizona. According to the company, it has no update on the plant construction plan. TSMC said that the plant to be set up in Arizona will use the company’s 5nm process technology to produce semiconductor chips, with a planned monthly production capacity of 20,000 wafers. In this photo illustration the Taiwan Semiconductor Manufacturing Company (TSMC) logo is seen displayed on a smartphone. With all the support that the U.S. government is willing to provide, this will become reality soon. But Abhinav Davuluri, an investment strategist at Morningstar, noted that the construction of advanced fabs such as this is an expensive, multiyear process that comes with some uncertainty. Taiwan Semiconductor described its 5-nanometer production capabilities as the most advanced in the world. He also said the company’s total spending on the project including capital expenditure will be about $12 billion from 2021-29. Sign up to receive the top stories you need to know now on politics, health and more, © 2020 TIME USA, LLC. Upon completion, it will crank out 20,000 wafers a month, versus the hundreds of thousands that TSMC’s capable of from its main home base. A Taiwan-based maker of silicon chips intends to build a major manufacturing plant in Phoenix that could bring more than 1,600 jobs, Gov. This material may not be published, broadcast, rewritten or redistributed. Construction is planned to begin in 2021 with production targeted to start in 2024. Founded in 1987, TSMC is the world’s largest foundry semiconductor manufacturing plant. The plan, which will create over 1,600 jobs, comes as U.S. President Donald Trump steps up criticism of Chinese trade practices and Beijing’s handling of the novel coronavirus ahead of the Nov. 3 U.S. presidential election. ✳️Big News ✳️@TWSemicon is building its new semiconductor facility in PHOENIX! Several sites in the City of Phoenix are still being evaluated for the location of the factory. Ducey said several sites in Phoenix are being evaluated for the location of the factory, which will be TSMC’s second manufacturing operation in the United States. Executives at TSMC, which operates plants in Nanjing and Shanghai and makes chips that go into everything from 5G networks to American fighter jets, have emphasized the company is neutral. TSMC is not the only technology company building plants in the U.S. Tesla, an American automobile company is also doing the same. A similar government-backed effort with Foxconn — Apple’s main iPhone assembler — in Wisconsin has so far not created as many jobs as expected. Currently, Zoom's R&D staff is based at the company's headquarters in San Jose, California. PHOENIX (AP) — A Taiwan-based maker of silicon chips plans to build an advanced semiconductor factory in Arizona, Gov. Several sites around the City of Phoenix are being looked at for the exact location of the factory. Oct 20, 2020, 4:17pm MST. Several sites around the City of Phoenix are being looked at for the exact location of the factory. Taiwan Semiconductor Manufacturing plans to spend $12 billion building a chip plant in Arizona, a decision designed to allay U.S. national security concerns and shift more high-tech manufacturing to America. Shares of Applied Materials Inc., Lam Research Corp. and KLA Corp. rose on optimism that these U.S.-based providers of chipmaking equipment may face fewer export controls when supplying TSMC. TSMC currently has a fab in Camas, Washington, and design centers in Austin, Texas, and San Jose, California.

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