TSMC Founder: "US Semiconductor Self-Sufficiency Effort Will Not Succeed"

[Image source=Reuters Yonhap News]

Chang Jung-mou, the founder and former chairman of Taiwan's TSMC, the world's largest foundry (semiconductor contract manufacturing) company, said that the United States' efforts to achieve semiconductor self-sufficiency "cannot succeed."

According to Taiwan's Central News Agency on the 27th, Chang said in a speech at a science and technology forum held the previous day, "The U.S. semiconductor manufacturing market share once reached 42% in the past but has now fallen to 17%. Although the U.S. government is actively promoting domestic semiconductor production, the supply chain within the U.S. is incomplete and production costs are high, so this goal cannot be achieved."

Chang also emphasized that because Taiwan's semiconductor industry is highly competitive, the management of semiconductor companies should be conducted in Taiwan. These remarks came as TSMC, founded by Chang, is expanding its production plants to the United States and Japan.

TSMC officially announced in May last year that it would build a semiconductor production plant in Phoenix, Arizona, and recently announced plans to build a semiconductor production plant with 22?28 nm process technology in Japan as well.