The cost of making chips in Arizona may be at least 50% higher than in Taiwan, but that didn’t prevent the company from moving more of its production to the U.S., Chang said, adding “this is very important for the US and very much needed.”
US Vice President Kamala Harris welcomed Taiwan Semiconductor Manufacturing Co.’s decision to open a second plant in Arizona and reiterated her government’s determination to help Taiwan, the company’s founder Morris Chang said.
Chang, who was speaking Saturday as Taiwan’s special envoy at the Asia-Pacific Economic Cooperation summit in Bangkok, said he had told Harris the US Secretary of Commerce had been invited to attend a ceremony for the US$12 billion plant next month.
