A new article published today by Wall Street Journal reiterates an indiscretion already in circulation for several days: the supplier of Apple TSMC chip in talks to build a multi-billion dollar manufacturing facility in Arizona. Information on this news has been going on for days and, apparently, the company will make an announcement shortly.
TSMC (Taiwan Semiconductor Manufacturing Co.) the world's largest chip maker and supplies i Apple's A-series chips used in iPhones and iPads and soon to be used also in the Mac range. For example, the next iPhone 12 series will use Apple's A14 processor, based on a 5 nanometer process by TSMC. Reportedly, TSMC in talks with the Trump administration on a potential agreement, which could result in the construction of a chip factory that could be operational as early as 2023.
TSMC: opening a production plant in the USA?
As the American president is already known to many Donald Trump it is pressuring several companies, such as Apple, to move all of them production in the United States. In an interview with Fox Business, Trump launched the idea of introducing a "tax" borne by the companies that produce goods abroad. A move that apparently could lead many companies to manufacture their products on the domestic market. It appears that President Trump is also using the economic crisis caused by the COVID-19 pandemic as a way to entice more American companies to move production out of China.
The new article published in the WSJ therefore reveals that Donald Trump would be really conducive to building one TMSC plant in Arizona, so much to want to provide too financial support. The announcement could be a political victory for President Trump who has always campaigned to convince many companies to build manufacturing plants in the United States to reduce the unemployment rate.