TSMC’s new R&D facility to create thousands of jobs in Taiwan

TSMC will remain “rooted in Taiwan”, its chief executive said on Friday in a bid to allay concerns that the world’s largest contract chipmaker could abandon its island home as it expands abroad.

CEO C.C. Wei was speaking at the opening of a massive research and development facility that TSMC, Asia’s most valuable listed company and a key Apple Inc and Nvidia Corp supplier, built in Taiwan’s tech hub Hsinchu.

“We want to use this opportunity to tell all the people of Taiwan that TSMC is determined to remain rooted in Taiwan,” Wei said. AFP