TAIPEI (TVBS News) — Taiwan's Premier Cho Jung-tai (卓榮泰) expressed optimism about TSMC's (台積電) announcement to invest at least US$100 billion (nearly NT$3.3 trillion) in five new wafer plants in the U.S. on Tuesday (March 4). He emphasized the government's unwavering commitment to enhancing national competitiveness and supporting industries' global strategies.
Cho reiterated the close collaboration between the government and industries in overseas development, highlighting the mutual understanding of strategies. He noted that TSMC's phased investment in the U.S. aligns with principles of mutual benefit and cooperation with allied nations. This approach aims to maintain Taiwan's critical position in the international supply chain and ensure leadership in key technologies.
Since U.S. President Donald Trump's first term, Taiwan has adjusted its economic policies, resulting in significant growth in U.S. investments, which now constitute 30% of the country's foreign investments. Cho noted that Taiwan has concurrently reduced its reliance on China, with investments dropping to 7.5%. He underscored the importance of strategic cooperation in global industrial layouts for continued success.
The joint announcement by Trump and TSMC Chairman C.C. Wei (魏哲家) at the White House confirmed that TSMC's investment plans in Japan and Taiwan remain unaffected. The company assured a sustainable and stable dividend policy, reflecting its commitment to robust international collaboration.
