Y.P. Chyn, TSMC’s executive vice-president and co-chief operating officer, made the comments at a ceremony at the fab in southern Taiwan’s Kaohsiung, in footage carried on Taiwanese television stations.
Both TSMC and Taiwan’s government have repeatedly said a substantial amount of the company’s production would remain on the island. TSMC is so important to Taiwan’s economy that it is often referred to as the “sacred mountain” protecting the island.
Chyn said the new fab was on track to begin volume production of 2-nm wafers in the second half of this year, as scheduled.
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Donald Trump unveils US$100 billion investment plan by Taiwanese chip giant TSMC
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TSMC did not directly address concerns about the effects of its massive investments in US production on the local economy, making only a general allusion to the importance of the company’s growing global footprint, while giving assurances that Taiwan would continue to have a key role as the company’s home base.