TAIPEI (TVBS News) — Premier Cho Jung-tai (卓榮泰) on Thursday (March 6) addressed concerns surrounding Taiwan Semiconductor Manufacturing Company's (TSMC, 台積電) new investment in the U.S., reassuring that the company’s focus on domestic growth remains steadfast.
Cho highlighted a private sector survey predicting that by 2035, TSMC's production capacity in Taiwan will surpass 80%, underscoring his commitment to supporting TSMC's global expansion initiatives from its Taiwan stronghold.
Responding to rising concerns, Cho detailed TSMC's ambitious plans in Taiwan, which include nine state-of-the-art chip fabrication plants and two CoWoS facilities. He emphasized that Taiwan will continue to be the hub for advanced manufacturing and global research and development.
Furthermore, Cho reiterated the government's dedication to fostering a democratic industrial supply chain, aligning with both Taiwan's and global interests. He expressed optimism that Taiwan will maintain its crucial role in technology, noting that increased international visibility enhances Taiwan's security.