Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) most advanced technology would stay in Taiwan, Minister of Economic Affairs Wang Mei-hua (王美花) said yesterday in response to lawmakers’ queries on talks between the manufacturer and the EU.
“Regardless whether TSMC establishes production facilities or pursues cooperation in Europe, Taiwan will remain the home base for its most advanced technologies,” Wang told a joint meeting of the legislature’s Economics Committee, and Judiciary and Organic Laws and Statutes Committee.
Reuters yesterday reported that EU Commissioner for Internal Market Thierry Breton is seeking to court TSMC and other global semiconductor giants to establish chipmaking facilities in Europe.
Photo: Liu Hsin-de, Taipei Times
Tomorrow, Breton is scheduled to hold a videoconference with TSMC Europe president Maria Marced and a meeting with Intel Cop chief executive officer Pat Gelsinger in Brussels, Reuters said.
Wang played down the suggestion that TSMC might partner with the EU in its efforts to reach “chip sovereignty” with advanced nodes.
“TSMC will have to decide its global strategy and take commercial considerations into account when it comes to whether it establishes a plant in the EU,” she said.
A worldwide semiconductor shortage, which according to TSMC might persist until next year, has raised awareness of Taiwan’s pivotal role in chip supply chains.
Separately, Deputy Minister of Economic Affairs Chen Chern-chyi (陳正祺) yesterday announced that the second round of the Taiwan-US Economic Prosperity Partnership Dialogue would be held this summer.
“It’s an opportunity to foster mutual development, get on the same page in terms of trade policy and explore opportunities for cooperation,” Chen said.
The official date has not yet been announced, nor has the details of how the dialog is to be held.
During the first round of the talks in November last year, Chen led Taiwan’s delegation, while the US delegation was led by then-US undersecretary of state for economic growth, energy and the environment Keith Krach.
Major PC vendors expect a shortage of key components to last another 12 months until the second quarter of next year, when PC demand wanes after two years of robust expansion, a UBS analyst said yesterday. Concern has risen among investors that PC demand could weaken as the US and European economies reopen from COVID-19 lockdowns and gradually return to in-person business activities. At the annual Taiwan Conference that began on Monday, UBS analysts said they had similar discussions with companies in PC supply chains, and the feedback from major PC vendors indicated that demand remained quite strong on the back of
Taiwan and China are to build more new high-volume semiconductor fabrication plants this year and next year than any other country, together contributing more than half of all new fabs in the world by constructing eight each, SEMI said in a quarterly report yesterday. Global chipmakers are to start building 19 new high-volume fabs by the end of this year and another 10 next year to meet accelerating demand for chips from the communications, computing, healthcare, online services and automotive sectors, SEMI, an association that represents the global semiconductor sector, said in its quarterly report. “Equipment spending for these 29 fabs is
MOVING ON UP: Taiwan improved in all four areas measured by the IMD, making its biggest leap, from 17th to sixth place, in economic performance Taiwan moved up three spots from last year to place eighth, its best performance since 2013, in the latest annual world competitiveness rankings, released yesterday by the International Institute for Management Development (IMD). Innovation, digitalization, welfare benefits and social cohesion are critical to economic performance, with Switzerland, Sweden, Denmark, the Netherlands and Singapore making up the top five on the list this year, the Switzerland-based institute said, after grading 64 countries and regions based on economic performance, infrastructure, and government and business efficiency. “Leading performers are characterized by varying degrees of investment in innovation, diversified economic activities and supportive public policy,” IMD
‘MATTER OF SURVIVAL’: Vice Premier Liu He is to lead the development of ‘third-generation’ chips, a field not yet dominated by any nation or company Chinese President Xi Jinping (習近平) is renewing his years-long push to achieve technology self-sufficiency by tapping a top deputy to shepherd a key initiative aimed at helping domestic chipmakers overcome US sanctions. Chinese Vice Premier Liu He (劉鶴), Xi’s economic czar whose sprawling portfolio spans trade to finance and technology, has been tapped to spearhead the development of so-called “third-generation” chip development and capabilities, and is leading the formulation of a series of financial and policy supports for the technology, people with knowledge of the matter said. It is a nascent field that relies on newer materials and gear beyond traditional silicon,