TSMC mulls US chip plant

TSMC fab in Hsinchu - Wikimedia CommonsTSMC has said that it will decide next year on building a US chip plant to get the Trump government off its back.

TSMC chairman Morris Chang had said the company did not rule out the idea of building a US foundry, however it now is clear the company is waiting until next year to see what happens.

The company said that there would be a loss of some benefits if it moved to the States. If an earthquake happened for instance in Taiwan, it could send thousands of people there as support, while it is harder in the States.

Local media CNA news agency reported on Monday that TSMC would make a decision on the plant in the first half of 2018.

The report also said TSMC was considering a $16.41 billion investment for the plant.

But the company could also be distracted by another more pressing matter of investing in Toshiba’s chip business. An industry source familiar with the matter said TSMC was deeply interested in the Toshiba unit.