TSMC's NT$1.5 Trillion Investment Drives Semiconductor Supply Chain Growth in Taichung
TSMC's NT$1.5 trillion investment in Taichung is set to establish four advanced 1.4-nanometer manufacturing plants, attracting major suppliers like ASML and Tokyo Electron. This initiative has led to a surge in local factory registrations, with over 19,500 now operating in the city, and domestic firms also expanding their operations. The Economic Development Bureau expects these developments to enhance Taichung's position in the global semiconductor market.
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TSMC has invested NT$1.5 trillion (approx. US$47.48 billion) in Taichung to establish four 1.4-nanometer advanced manufacturing plants, attracting major suppliers. This investment has prompted global companies like ASML and Tokyo Electron to set up offices in the city, enhancing its semiconductor supply chain.
By December, Taichung registered over 19,500 factories, reinforcing its status as a manufacturing hub. Domestic firms are also expanding, with MGC Pure Chemicals establishing a plant in March 2023, King Lai Group opening a facility in July 2024, and Hon Precision expanding with two new plants in 2025.
Minking has received approval for over NT$950 million (approx. US$30.07 million) investment to enhance production capabilities. The Economic Development Bureau anticipates these developments will strengthen Taichung's position in the global semiconductor market.
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