TSMC Authorized to Build Most Advanced Chip Factory in Taiwan

Taiwan’s largest semiconductor contract manufacturer, TSMC, has received final approval to build its most advanced plant. The Environmental Review Committee, an intergovernmental and scientific regulatory body for the environment, issued its approval to TSMC a day after US-based Intel said it expects to catch up with TSMC in technology by 2025.

TSMC Authorized to Build Most Advanced Chip Factory in Taiwan

TSMC plans to build a 2nm facility in Hsinchu, one of Taiwan’s most important chip manufacturing centers.

The permit gives TSMC the opportunity to start construction of the facility in early 2022 and begin installing production equipment by 2023. Sources familiar with TSMC’s plan told Nikkei Asia.

The Taiwanese government regards its leading edge in chip manufacturing as a strategic factor in protecting the island, which China considers part of its territory, from any geopolitical conflict.

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