TSMC's recent announcement of an additional US$100 billion investment in US manufacturing has sparked sharp criticism from Beijing. Chinese media and government officials frame the expansion as US-coerced offshoring of Taiwan's semiconductor crown jewels,
In a heartwarming (ish) exposition of solidarity with democratic expression, China tabled concerns earlier today that the Taiwanese government could be preparing to give away its chip industry as a "souvenir" to the USA and that Taiwanese citizens were thus concerned that chip foundry TSMC could become "United States Semiconductor Manufacturing Co".
U.S. President Donald Trump's nominee to a post overseeing export policy for China on Thursday called a report about Taiwan Semiconductor Manufacturing Co producing hundreds of thousands of chips for Huawei "a huge concern.
TSMC's US investment of US$100 billion is sparking concerns about Taiwan's national security and potential talent and technology drain. Taiwanese officials have reassured that advanced processes will stay domestic until at least 2026.