Taiwan’s TSMC to bring its most advanced chip manufacturing to Arizona

URLhttps://www.cnn.com/2022/11/21/business/taiwan-tsm
Sourcecnn.com
Date Published11/21/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name TSMC
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):1600
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2024
Domestically, the work will be done:In-house
Capital investment ($):1200
Country(ies) from which reshored:China,Taiwan, Province of China
City reshored to:Chandler
State(s) reshored to:AZ
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredsemiconductor chips
What non-domestic negative factors made offshoring less attractive?Supply chain interruption risk/Natural disaster risk/Political instability
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