Taiwan minister says concerns TSMC to be 'Americanised' overblown

Taiwan’s government downplayed concerns that Taiwan Semiconductor Manufacturing Co.’s plans to invest a further US$100 billion ($134.51 billion) in the US will effectively lead to the chip-making giant becoming Americanised.

“TSMC already has plants in the US and Japan, and it’s now building new a plant in Germany,” Minister of Economic Affairs Kuo Jyh-Huei told reporters on Tuesday. “These have nothing to do with tariffs. TSMC’s global expansion is a crucial development.”