Phoenix Okays Development Deal With TSMC for $12 Billion Chip Factory

SourceU.S. News
Date Published11/18/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Taiwan Semiconductor Manufacturing Co
If manufacturing, is the company an OEM? Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):1900
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2021
Domestically, the work will be done:In-house
Capital investment ($):3500
Country(ies) from which reshored:Taiwan, Province of China
City reshored to:Phoenix
State(s) reshored to:AZ
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredSemiconductors, computer chips, 5-nanometer chips
What non-domestic negative factors made offshoring less attractive?Strained offshore relationships
What domestic positive factors made reshoring more attractive?Government Incentives
Government Incentive dollar amount:$205 million
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