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TSMC TO BUILD ADVANCED SEMICONDUCTOR FACTORY IN ARIZONA


NEWS RELEASE

May 14, 2020


PHOENIX — Governor Doug Ducey today announced that following a national search,
Taiwan Semiconductor Manufacturing Company (TSMC) has selected Arizona for its
new U.S. advanced semiconductor factory. The project will create over 1,600 new
high-tech jobs and generate thousands of additional jobs in the state for
suppliers and other companies within the semiconductor industry. TSMC’s total
spending on this project, including capital expenditure, will be approximately
$12 billion from 2021 to 2029.

“We’re incredibly proud that one of the world’s leading technology companies has
chosen Arizona for this high-tech project, one with national and global
significance,” said Governor Ducey. “TSMC could have picked any place in the
world to build this advanced manufacturing factory. They chose Arizona for our
unbeatable business climate, already thriving tech sector and ready access to an
international supply chain. I’d like to thank TSMC Chairman Dr. Mark Liu for his
commitment to Arizona. We are honored to be selected for this project and look
forward to building a collaborative long-term relationship with TSMC. I’m very
grateful to President Donald Trump for his leadership and tireless efforts to
bring more manufacturing back to our shores. I’d also like to thank Secretary
Ross, his team at the U.S. Department of Commerce including SelectUSA, and the
Trump administration for their partnership.”

Arizona has long been a hub for the advanced manufacturing and semiconductor
industries. The state’s skilled workforce, strong supply chain, strategic
geographic location, commitment to pro-innovation policies and unmatched quality
of life have continued to drive rapid industry growth and economic momentum.
This new U.S. facility will enable TSMC to provide enhanced service to customers
and partners and increase its ability to attract global talent.

The facility will utilize TSMC’s 5-nanometer technology for semiconductor wafer
fabrication and have the capacity to produce 20,000 wafers per month.
Construction is planned to begin in 2021 with production targeted to start in
2024. The Arizona facility will be the company’s second manufacturing operation
in the United States.

Several sites in the City of Phoenix are still being evaluated for the location
of the factory. The Arizona Commerce Authority will continue working with TSMC,
the U.S. administration, the City of Phoenix and the Greater Phoenix Economic
Council to finalize all aspects of the project.  

About TSMC
TSMC pioneered the pure-play foundry business model when it was founded in 1987
and has been the world’s largest dedicated semiconductor foundry ever since. The
Company supports a thriving ecosystem of global customers and partners with the
industry’s leading process technologies and portfolio of design enablement
solutions to unleash innovation for the global semiconductor industry. With
global operations spanning Asia, Europe, and North America, TSMC serves as a
committed corporate citizen around the world. TSMC deployed 272 distinct process
technologies and manufactured 10,761 products for 499 customers in 2019 by
providing broadest range of advanced, specialty and advanced packaging
technology services. TSMC is the first foundry to provide 5-nanometer production
capabilities, the most advanced semiconductor process technology available in
the world. The Company is headquartered in Hsinchu, Taiwan.

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