TAIPEI (TVBS News) — Taiwan Premier Cho Jung-tai (卓榮泰) on Tuesday (March 4) described Taiwan Semiconductor Manufacturing Company's (TSMC, 台積電) U.S. investment as a phased plan aimed at mutual benefits with allied nations, maintaining a critical position in the global supply chain.
The premier stressed the unwavering national stance on strengthening Taiwan's industrial base while expanding globally, highlighting the government's commitment to supporting investments that enhance national competitiveness and maintain close collaboration with industries.
TSMC announced plans to invest an additional US$100 billion in the United States, sparking discussions about the implications for Taiwan's chip industry. However, Economics Minister J.W. Kuo (郭智輝) dismissed such concerns over TSMC becoming an American company, claiming the worries as "unnecessary."
Kuo stressed that TSMC's investment decision is unrelated to the Ministry of Economic Affairs' recent intelligence-gathering trip to the U.S. and emphasized that overseas investments hinge on market demand, local resources, and global strategy.
He noted that TSMC's operations in the U.S., Japan, and Germany are independent of tariff issues, reassuring the public that Taiwan remains crucial in the chip industry, with global reliance on its production. Following TSMC's billion-dollar investment announcement, Trump also warned that any Chinese aggression towards Taiwan would be disastrous, drawing attention to the geopolitical stakes.
Looking forward, Premier Cho emphasized ongoing efforts to deepen global industrial ties and cooperation with governments worldwide.
