Morris Chang, the founding father of TSMC, has spoken negatively concerning the US efforts to extend home chip manufacturing. Chang mentioned on a podcast hosted by the Brookings Establishment that any try by the US to extend home chip manufacturing could be “a wasteful, costly observe.”
Chang, the founding father of Taiwan Semiconductor Manufacturing Firm, the world’s first and largest silicon foundry, attributes the rationale behind his remark to the workforce. In response to the CEO, the USA lacks the flexibility to work in factories. It is also keen to work with a triple-shift system to maintain factories working 24/7, in contrast to the Taiwanese.
The businessman states that producing chips within the nation is 50 p.c dearer than in Taiwan, and that the US can’t compete when it comes to value. Let’s add particularly that Chang is not working at TSMC and these are simply his private opinions.
However, through the broadcast, it was requested why TSMC is constructing a manufacturing facility in Arizona. Chang mentioned TSMC determined to do that as a result of it was inspired by the US authorities. The previous TSMC CEO doesn’t imagine that the US is self-sufficient relating to semiconductors, regardless of authorities assist. The principle purpose behind this view is the excessive prices per chip.