TSMC Weighs Multi-Billion Dollar Chip Plant Investment in Singapore

Taiwan Semiconductor Manufacturing Company building in Taiwan on December 2021. (Google Maps/Screenshot via The Epoch Times)

Taiwan Semiconductor Manufacturing Company building in Taiwan on December 2021. (Google Maps/Screenshot via The Epoch Times)

Taiwan Semiconductor Manufacturing Company Ltd explored building a semiconductor factory in Singapore to help address a global supply shortage, the Wall Street Journal reports.

TSMC studied the feasibility of production lines that would make 7- to 28-nanometer chips widely used in cars, smartphones, and other devices.

The cost would run into the billions of dollars. The government in Singapore, a central chip-making hub, might help fund the plant.

The global semiconductor chip crisis has agitated many industries, forcing governments like the U.S. and Japan to attract chip-production sites.

Major chipmakers like GlobalFoundries Inc and Micron Technology Inc, andInfineon Technologies AGhave a significant presence in Singapore.

By Anusuya Lahiri

© 2022 The Epoch Times. The Epoch Times does not provide investment advice. All rights reserved.

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