Taiwanese Chip Maker to Set Up $3.5B US Plant

URLhttps://www.manufacturing.net/home/news/21202330/t
SourceManufacturing.net
Date Published11/10/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Taiwan Semiconductor Manufacturing Co.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2020
Domestically, the work will be done:In-house
Capital investment ($):3500
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 chips
What non-domestic negative factors made offshoring less attractive?Supply chain interruption risk/Natural disaster risk/Political instability
What domestic positive factors made reshoring more attractive?Proximity to customers/market
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