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TSMC, AZBTC resolve dispute with training, safety deal
Taiwan Semiconductor Manufacturing Co. (TSMC) and the Arizona Building and Construction Trades Council (AZBTC) have reached an agreement to resolve a labor dispute at TSMC’s Phoenix semiconductor manufacturing facility. The collaboration includes employee training programs and a commitment to transparency on workplace safety issues. This agreement is seen as a critical step for TSMC, which is expected to benefit from the US$100 billion in subsidies provided by the U.S. Chips Act. TSMC has agreed to prioritize local hiring but can employ foreign workers with "specialist experience" if needed. TSMC’s investment in Arizona amounts to US$40 billion, with construction starting in 2021. Mass production is now scheduled to begin in the first half of 2025. This resolution not only facilitates smoother progress in the construction of TSMC’s plant but also highlights the company’s role in increasing semiconductor production capabilities in the United States.2023/12/07 18:06