Taiwan Minister Says Concerns TSMC to Be Americanized Overblown
Taiwan's government downplayed concerns that Taiwan Semiconductor Manufacturing Co.'s plans to invest a further $100 billion in the US will effectively lead to the chip-making giant becoming Americanized.
'TSMC already has plants in the US and Japan, and it's now building new a plant in Germany,' Minister of Economic Affairs Kuo Jyh-Huei told reporters on Tuesday. 'These have nothing to do with tariffs. TSMC's global expansion is a crucial development.'
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