US House Speaker meets with TSMC management Taiwanese companies

US House Speaker meets with TSMC management – Taiwanese companies may receive chip law subsidies

The semiconductor crisis during the pandemic has only heightened US authorities’ concerns about the high reliance of most national manufacturers on supplies of chips from Taiwan, and that’s why US House Speaker Nancy Pelosi met with officials from the country’s semiconductor industry during their visit to the island. TSMC management was quick to assert that there was no point in trying to win the company by force.

    Image source: TSMC

Image source: TSMC

Like other details of the American official’s visit to the island, the circumstances of that meeting are not particularly advertised, however Nikkei Asian Review Citing various media reports, Pelosi had a conversation with TSMC CEO Mark Liu (Mark Liu), and the possibility of granting the company subsidies to build a business in Arizona was raised during their conversation. TSMC founder Morris Chang, who has been on a well-deserved rest for several years, also received a meeting with Nancy Pelosi, according to sources.

The Speaker of the US Parliament issued a public statement following the passage of the CHIPS and Science Act by the US Congress last week: “It opens up the possibility of a better economic exchange for us. Taiwan’s entrepreneurial spirit, intellectual strength and resources, and the success of the local technology industry have become a role model to follow. We want to expand our relationship.”. The next leg of Nancy Pelosi’s Asian tour is expected to be a visit to South Korea, where US President Joseph Biden was able to visit last quarter to sign a silicon wafer with samples of the first 3nm chips manufactured by Samsung Electronics.

TSMC Chairman Mark Liu said in an interview with CNN earlier this week that fears that China might seek to take over Taiwan to gain control of the world’s largest contract chipmaker are unreasonable. According to him, no one will be able to seize power from TSMC, since complex industrial relations and technological processes will be irreversibly disrupted in the event of an invasion. According to the chairman, TSMC’s businesses depend on the real-time transmission of information from Europe, Japan and the United States, as well as the supply of consumables and troubleshooting software. Several countries are involved in the technological chain, and if the military operations violate it, then absolutely everyone will lose.

About the author

Dylan Harris

Dylan Harris is fascinated by tests and reviews of computer hardware.

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