Taiwan have passed the TSMC to build 12-inch fab project in the Unites States, 5nm products will be produced by 2024

According to the latest reports, relevant departments in Taiwan have passed the TSMC project to build a factory in the US. The project plans to build a 12-inch wafer fab in Phoenix, Arizona, the USA, which can produce 5nm process products in the first half of 2024 to meet the demand for advanced processes in the North American market nearby.

The total investment of the project is 3.5 billion US dollars. Relevant personnel said that TSMC’s investment in the United States is a “commercial consideration”, and that TSMC’s factories in Taiwan still have a generation of technological advantages, and the focus of investment is still in Taiwan.

TSMC announced plans to invest and build factories in the United States in May this year. At that time, the industry believed that this was a move that had to be made under the pressure of the background of the US-China trade war and the technological war.

This is also the largest foreign investment of TSMC in 8 years. In the past 5 years, 97% of TSMC’s capital expenditures have been used for local development in Taiwan. Currently, TSMC has two factories outside of Taiwan Province, located in Shanghai and Nanjing.

It is worth mentioning that Taiwan’s Hon Hai announced in 2017 that it would invest 10 billion US dollars to build a factory in the United States. It has huge momentum. It is now a chicken feather, and it is still fighting with the US local state government. It is a fiasco.

(Source)