TSMC’s Plan to Boost Chip Production in Chinese Factory Met With Opposition

A factory of Taiwanese semiconductors manufacturer TSMC at Central Taiwan Science Park in Taichung, Taiwan, on March 25, 2021. (Sam Yeh/AFP/Getty Images)
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Chip giant Taiwan Semiconductor Manufacturing Company (TSMC) recently announced its plan to add new production lines in its existing plant in Nanjing, China. However, an expert in China’s telecom industry penned an article to express his opposition, claiming that China may not obtain the technology it desires from TSMC, and Chinese companies will face more competition. On April 22, TSMC convened an ad hoc board of directors meeting and approved an i
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