Tag: TSMC

Taiwanese TSMC Workers Reportedly Aim to Have Children in Arizona so Kids Become U.S. Citizens

Tom Pappert

A Tuesday report which detailed alleged culture clashes between local workers and those from Taiwan at the Taiwan Semiconductor Manufacturing Company (TSMC) facilities in Arizona reveals some workers from Taiwan, who relocated to Arizona to build the plants, will seek to start or expand families so their children reap the benefits of U.S. citizenship.

The Rest of World report described TSMC’s ventures in Arizona as a “debacle,” with American engineers subjected to intense scrutiny, public humiliation and restricted communications while being trained by TSMC in Taiwan.

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Taiwan Semiconductor Manufacturing Co. Announces Second Delay in Arizona, Cites Questions over Biden Administration ‘Incentives’

Tom Pappert

The Taiwan Semiconductor Manufacturing Co. (TSMC) announced another delay in Arizona on Thursday, this time revealing its second factory in the state will take another year to be completed, and may not create less advanced semiconductors than its first. The company’s chairman, Mark Liu, said in an earnings call that the schedule will depend on “incentives” secured from the Biden administration.

Asked about the initial Arizona delay and what effect it would have on TSMC’s second facility in the state, Liu confirmed “a gap,” with the company currently planning for it to begin production 2027 or 2028.

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TSMC Agrees to Use Arizona Workers to Build Phoenix Semiconductor Plant After Previously Claiming State Lacks Skilled Labor

Tom Pappert

The Taiwan Semiconductor Manufacturing Company (TSMC) reached an agreement with the Arizona Building and Construction Trades Council (AZBTC) on Wednesday, resolving a labor dispute that began when TSMC brought Taiwanese workers to complete the facility after claiming Arizona lacked the necessary skilled workforce.

An agreement struck between the parties after months of negotiations will see the number of Taiwanese professionals involved in building the TSMC semiconductor facility in Phoenix severely limited, with the union acceding that “circumstances may require” Taiwanese officials with “specialized experience,” according to a Bloomberg report citing a joint statement.

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Semiconductor Company Claims Arizona Factory Will Start Production in 2025 as It Sees Biggest Profit Drop Since 2019

Tom Pappert

The Taiwan Semiconductor Manufacturing Company (TSMC) said it is on schedule to begin production at its first Phoenix facility in the first half of 2025 during a Thursday earnings call. During the call, TSMC also revealed its greatest drop in profit since 2019.

TSMC reported a third-quarter profit of about $6.69 billion during Thursday’s earnings call, according to CNBC, which explained the company saw its “largest profit decline” since early 2019, but still “bested” expectations of stock analysts who predicted worse numbers amid weakened demand for consumer electronics following the end of the COVID-19 pandemic.

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‘Almost Half’ of Phoenix TSMC Workers Were Reportedly Sent from Taiwan

Tom Pappert

Nearly half of hired workers for the new Taiwan Semiconductor Manufacturing Company (TSMC) plant in Phoenix, Arizona are reportedly Taiwanese nationals assigned to the new facility, and are not American citizens or local to Arizona, according to a new report published by the Financial Times on Wednesday.

The troubled TSMC installation has been touted as a major achievement of President Joe Biden and congressional Democrats, but the Financial Times reveals that “almost half of those hired so far are assignees sent from Taiwan,” quoting two sources familiar with TSMC.

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TSMC Reportedly Delays Equipment Deliveries to Arizona Semiconductor Factory

Tom Pappert

The Taiwan Semiconductor Manufacturing Company (TSMC) is reportedly asking vendors to delay deliveries of major equipment to its facility in Arizona. This comes after TSMC delayed the opening of its Arizona chip facility until 2025, and amid reports the company will not manufacture complete semiconductors in the United States.

TSMC is asking manufacturers of high-end semiconductor equipment to hold off on deliveries to its Arizona facility, according to a report released Friday by Reuters. The Taiwanese semiconductor giant is reportedly concerned about decreasing costs, and is “increasingly concerned” about cooling consumer demand, though the company referred to the report as a “market rumor” in a statement to Reuters.

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Arizona TSMC Factory Will Ship Incomplete Semiconductors to Taiwan for Final ‘Packaging’: Report

Tom Pappert

A new report claims the Taiwan Semiconductor Manufacturing Company (TSMC) will only complete part of the chip manufacturing process at its controversial Arizona facility. The company reportedly intends to ship incomplete products made in Arizona to Taiwan, where they will be finished and sold to major electronics manufacturers in the West.

The report, published Monday by New Information, claims sources close to the company and its new facility in Phoenix have already been informed that the plant will be used to create partially complete products. As a result, the outlet explained, TSMC’s Arizona factory will do little to create an independent supply of semiconductors based in the United States.

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Biden Releases New Arizona Ad Touting ‘Manufacturing Boom’ Despite Taiwan Semiconductor Manufacturing Co. Delay

Tom Pappert

President Joe Biden launched a new ad in Arizona on Labor Day touting a “manufacturing boom” as part of a $25 million advertising campaign in battleground states, even after the Taiwan Semiconductor Manufacturing Company (TSMC) recently delayed its new Phoenix microchip plant claiming the state lacks skilled talent.

The 30-second ad features Phoenix resident Bill Ruiz, according to The Hill, who brags that “we’re building some of the biggest tech factories in the world right here” in Arizona, and specifically lists new semiconductor factories as an example, ultimately crediting “the laws that Joe Biden got passed” for making their construction possible.

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