Taipei, Taiwan – The president and the best chips manufacturer of Taiwan, TSMC, held a joint press conference on Thursday to defend the company’s decision to invest $ 100 billion in the United States, saying that it arose from the demand of customers and not the pressure of the Trump administration.
Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest chips manufacturer, he said earlier this week that he would do it Invest $ 100 billion in three more chip manufacturing plants, along with two packaging facilities in Arizona.
The decision caused concerns that Taiwan would gain little in exchange for transferring some of its most advanced manufacturing processes to the United States.
The president of Taiwan, Lai Ching-Te, denied that the TSMC investment decision was due to political pressure by the United States. The president of the United States, Donald Trump, had previously said that Taiwan had removed the US chips business. And that he loved him back.
“The TSMC decision is necessary for its future development. The government did not face pressure from the United States during the TSMC investment process in the United States,” Lai said Thursday.
The TSMC CEO, CC Wei, said it had spoken with the company’s clients and realized that TSMC’s current expansion plans in the United States were insufficient to meet the current demand.
“Customer demand has constantly increased. For TSMC, our investment plans are based on customer needs, and we are very cautious,” said Wei.
“The amount of investment in the United States may seem large, but it is not yet enough to meet demand,” he added.
He also said that development plans in the US would not affect TSMC plans in Taiwan, and that the company currently had 10,000 employees investigating and developing nanometric chips of 1.0.
While Taiwan is a self -managed island, Beijing sees Taiwan as a renegade province to be removed by force if necessary.
The United States does not recognize Taiwan as a country, but it is its best sponsor and its strongest arms supplier.
But the continuous support of the United States seems increasingly fragile under the Trump administration, who has argued that Taiwan depends too much on the United States and needs to spend more in defense. A Pentagon nominated earlier this week said that Taiwan should spend about 10% of his gross domestic product in defense to deter a war with China.
Lai de Taiwan last month engaged To increase defense expense to more than 3% of its gross domestic product, compared to less than 2.5%.