Taiwan's Semiconductor Strategy: Balancing Global Ventures with National Interests

The Taiwanese Economy Minister asserts that TSMC requires government consent for overseas ventures, except for chip production in China. While Taiwan is negotiating with the US over potential tariffs, the government supports TSMC's international activities, including the $65 billion investment in Arizona.

Taiwan's Economy Minister Kuo Jyh-huei emphasized that Taiwan Semiconductor Manufacturing Co (TSMC) must obtain government approval for overseas joint ventures, except for those producing chips for China. He asserted the Taiwanese government's unwavering support to strengthen the 'sacred mountain' that is crucial to Taiwan's economy, while maintaining no interference in TSMC's decisions.

The minister noted that TSMC, the world's largest contract chipmaker and a significant supplier to tech giants, is already investing $65 billion in advanced chip factories in the United States. Washington-criticized TSMC's overseas expansion, expressing intent to bring more semiconductor production back to the US.

As tensions over trade imbalances persist, Taiwan anticipates possible high tariffs from the US. Kuo confirmed ongoing data collection to bolster Taiwan's negotiating stance concerning tariffs, but disclosed no specifics of the dialogue. Despite these pressures, Taiwan remains confident in TSMC's global strategy.

(With inputs from agencies.)