TSMC supplier LCY to build US plant as chip supply chain shifts

URLhttps://asia.nikkei.com/Business/Tech/Semiconducto
SourceNIKKEI Asia
Date Published02/09/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Lee Chang Yung Chemical Industry Corp
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Foreign Direct Investment
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2023
Domestically, the work will be done:In-house
Country(ies) from which reshored:Taiwan, Province of China
State(s) reshored to:AZ
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredsemiconductor-grade IPAs, isopropyl alcohol
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Lead time/Time to market, Proximity to customers/market
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