Taiwan Vice Premier Declares 40% Shift of Semiconductor Capacity to US 'Impossible'
Taiwan's Vice Premier Cheng Li-chiun stated it is 'impossible' to move 40% of the island's semiconductor capacity to the U.S., countering calls from U.S. officials. Cheng emphasized that Taiwan's semiconductor ecosystem, developed over decades, will continue to grow domestically while expanding its presence in the U.S. A recent agreement has been made to lower tariffs on Taiwan's exports to the U.S. from 20% to 15%. TSMC is investing $165 billion in Arizona for semiconductor production.
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Taiwan's Vice Premier Cheng Li-chiun declared that relocating 40% of Taiwan's semiconductor capacity to the U.S. is 'impossible.' She asserted that Taiwan's semiconductor ecosystem, built over decades, will not be moved.
Taiwan intends to continue expanding its semiconductor capacity at home and will invest in the U.S. under the condition of maintaining operations in Taiwan. A recent agreement between Taiwan and the U.S. has reduced export tariffs from 20% to 15%. TSMC is investing $165 billion in factories in Arizona to enhance U.S. semiconductor production.
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