Taiwan's president hails Arizona chips project in meeting with visiting governor

2 weeks ago 9

Taiwan’s President William Lai Ching-te said that a Taiwanese semiconductor company’s monolithic concern successful Arizona is the “best model” for the island’s effort to physique machine chips proviso lines that don’t trust connected Chinese producers, successful remarks to the...

ByCHRISTOPHER BODEEN Associated Press

TAIPEI, Taiwan -- Taiwan’s President William Lai Ching-te said that a Taiwanese semiconductor company's monolithic concern successful Arizona is the “best model” for the island's effort to physique machine chips proviso lines that don't trust connected Chinese producers, successful remarks to the state’s visiting Governor Katie Hobbs.

Taiwan’s starring chipmaker TSMC has committed $100 cardinal to physique 3 spot foundries, an R&D halfway and 2 packaging facilities successful Arizona, connected apical of a erstwhile pledge to physique $65 cardinal successful 3 spot foundries successful the state, 1 of which has begun operations.

Lai and TSMC accidental that the latest mega-investment stemmed from lawsuit request and not unit from the medication of President Donald Trump.

Trump antecedently said that Taiwan had taken distant the U.S. spot concern and that helium wanted it back.

At their Tuesday meeting, Lai said Taiwan and Arizona were moving to physique a “non-red” proviso concatenation that excluded suppliers from China, which threatens subject enactment to asseverate its assertion implicit the island.

TSMC has said the improvement plans successful the U.S. would not impact its enactment successful Taiwan, and that the institution presently has 10,000 employees researching and processing 1.0 nanometer chips. Taiwan accounts for much than 90% of precocious machine spot production.

The U.S. does not admit Taiwan arsenic a country, but is its strongest backer and biggest arms provider.

News astir the gathering was released Wednesday by Taiwan's authoritative Central News Agency.

The task is expected to make 40,000 operation jobs implicit the adjacent 4 years and tens of thousands of tech and manufacturing jobs, Hobbs’ bureau said successful a quality merchandise sent earlier the meeting.

“I’m thrilled by Arizona’s emergence arsenic America’s hub for precocious manufacturing, creating hundreds of thousands of good-paying jobs and bringing billions of dollars of concern into our state,” Hobbs said successful the release.

CNA quoted Hobbs arsenic saying that the TSMC task would “not lone lend to the planetary advancement of artificial quality and different technologies, but besides fortify bilateral ties.”

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