Updated: TSMC Doubling Arizona Semiconductor Plans, Spending $40B on Chips

URLhttps://www.industryweek.com/supply-chain/media-ga
SourceIndustry Week
Date Published12/06/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Taiwan Semiconductor Manufacturing Co
Parent companyTaiwan Semiconductor Manufacturing Co.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):4500
Year reshoring announced:2022
Capital investment ($):40000
Country(ies) from which reshored:Taiwan, Province of China
State(s) reshored to:AZ
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredsemiconductor chip
What non-domestic negative factors made offshoring less attractive?Green considerations, Supply chain interruption risk/Natural disaster risk/Political instability
What domestic positive factors made reshoring more attractive?Government Incentives, Other, Covid-19 pandemic
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