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 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.

Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.