Taiwanese chipmaker TSMC is feeling “good” about talks over a possible first European factory in Germany and is discussing subsidies with the host country’s government, the company’s chairman said on Tuesday. TSMC, the world’s largest contract chipmaker, has been in talks with the German state of Saxony since 2021 about building a fabrication plant, or…
TSMC Feeling ‘Good’ About Possible Germany Plant, in Talks on Subsidies
World’s Top Chipmaker Posts Drop in Revenue, Its First Decline in Four Years
April 10, 2023
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Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s top chipmaker, posted a double-digit drop in revenue last month, its first decline in four years. The chip-making giant’s filing on April 10 showed that revenue for March fell 15 percent from the same month a year earlier, after economic headwinds hit the semiconductor market, according to Dow Jones Newswires….
Taiwan’s TSMC to Recruit 6,000 Engineers in 2023
TAIPEI—Taiwan Semiconductor Manufacturing Co. Ltd (TSMC), the world’s largest contract chipmaker, will recruit more than 6,000 new staff in 2023, the company said in a statement on Saturday. The hiring drive comes despite a global downturn in the chip industry. According to TSMC, the company will seek young engineers with associates, bachelor’s, masters’s or doctorate…
Taiwan Chipmaker TSMC Says Quarterly Profit Up 78 Percent
TAIPEI, Taiwan—Taiwan Semiconductor Manufacturing Co., the biggest contract manufacturer of processor chips for smartphones and other products, said Thursday its quarterly profit rose 78 percent over a year earlier but forecast weak demand this year. Revenue for the final quarter of 2022 rose 42.8 percent over a year earlier to 625.5 billion New Taiwan dollars…
TSMC Starts Volume Production of Most Advanced Chips in Taiwan
TAINAN, Taiwan—Chipmaker Taiwan Semiconductor Manufacturing Company Ltd (TSMC) began mass production of its most advanced chips in southern Taiwan on Thursday and the company’s chairman said it would continue to expand capacity on the island. The long-awaited mass production of chips with 3-nanometre technology comes as attention focuses on the world’s largest contract chipmaker’s investment…
Investors Worldwide Further Reduce Stakes in Chinese Tech Firms, Some Shift Investment to Taiwan
December 26, 2022
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New Analysis Amid a grim outlook of the Chinese economy, particularly its technology sector, foreign investors have been cashing out their gains on Chinese stocks, fearing their values might plummet further. Meanwhile, some investors have turned their attention to Taiwanese tech firms. Berkshire Hathaway, Warren Buffett’s investment firm, has reduced its holdings of BYD, a…
Taiwan’s Chipmaker TSMC Says ‘No Plans’ for German Expansion Yet
December 23, 2022
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Taiwan Semiconductor Manufacturing Company (TSMC) said it has no plans to expand in Germany yet, following reports that the firm was in discussions with suppliers about potentially building its first European plant. The Financial Times earlier reported that TSMC, the world’s largest contract chipmaker, is in “advanced talks” with suppliers to build a plant in…
TSMC Surpasses Tencent as Highest Value Company in Asia, as Top Chinese Firms Drop From Global 500 Ranking
December 19, 2022
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Top Chinese companies have tumbled in market cap, with 12 firms dropping out of the 2022 Hurun Global 500, a list of the 500 most-valued, non-state-owned firms in the world. According to the 2022 report released by the Shanghai-based Hurun Research Institute on Dec. 9, the United States leads the world with a total of 260…
Taiwan Media Ranked as Most Exposed to Chinese Influence, Taipei Fights Chinese Disinformation
Taiwan’s media and society ranked top in exposure to Chinese influence according to a “China Index 2022” report by Taipei-based think tank Doublethink Lab. The report, published on Dec. 8, evaluates the Chinese Communist Party’s (CCP) influence on 82 countries and territories worldwide. The index measures the degree of CCP influence in nine domains: academia,…
‘American Manufacturing Is Back’: Biden Welcomes Planned New Semiconductor Plant in Arizona
December 6, 2022
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President Joe Biden visited a new semiconductor plant in Arizona on Dec. 6 as part of an effort to reestablish the United States as a world leader in advanced chip manufacturing. Taiwan Semiconductor Manufacturing Company Limited (TMSC), the Taiwanese chipmaker that runs the plant, announced that it plans to triple its planned investment in the…
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