High Cost, ‘Unmanageable’ US Staff Plague TSMC in Arizona

Employees at TSMC are increasingly sceptical of the company’s $40 billion Arizona investment as the Taiwanese chipmaker faces exorbitant costs and managerial issues in US operations, The New York Times reported.

While TSMC’s attempt to diversify in the US comes in the midst of rising threats from China’s military, the move is only causing ‘more tensions’, the report said. Some staff told NYT the chipmaker is facing five to ten times higher operational costs in the US, compared with Taiwan. Others said they were reluctant to move to the US due to “potential culture clashes” and concerns around “difficult to manage” American workers.

Read the full story: NYT

TSMC Dumped by Several Funds Including Buffett’s Berkshire

TSMC More Than Triples Arizona Investment to $40 Billion

China War Risk Sees Taiwan’s TSMC Moving Fabs to US, Japan

TSMC Not Leaving, Says Taiwan as Arizona Factory Fuels Worry

Apple to Use TSMC’s US-Made Microchips, Says Tim Cook – CNBC

Vishakha Saxena

Vishakha Saxena is the Multimedia and Social Media Editor at Asia Financial. She has worked as a digital journalist since 2013, and is an experienced writer and multimedia producer. As a trader and investor, she is keenly interested in new economy, emerging markets and the intersections of finance and society. You can write to her at [email protected]