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Taiwan’s economy feels heat as TSMC feeds global chip boom
Taiwan’s economy feels heat as TSMC feeds global chip boom
Demand for ‘strategic resource’ fuels labour, power and water shortages
World Economy News
16 Feb 2021
• 7 min read
Business has never been brisker for construction companies in Taiwan as the world’s biggest contract chipmaker rushes to build facilities through the Lunar New Year holiday to meet surging demand.
Cranes, trucks, excavators and all manner of heavy vehicles stream in and out of the vast construction site for Taiwan Semiconductor Manufacturing Company’s new factory in the southern Taiwanese city of Tainan. The site will be the world’s most advanced 3-nanometer chip production plant and is due to begin mass production in the second half of 2022. ....

Zhanghua Xian , Miaoli Xian , T Ai Pei , South Korea , Willy Shih , Greg Yeh , Taiwan Institute Of Economic Research , Advanced Micro Devices , Quanta Computer , Compal Electronics , Harvard Business School , Nikkei Inc , Mark Li At Bernstein Research , Taiwan Semiconductor Manufacturing Company , Powertech Technology Inc , Lunar New Year , Advanced Micro , Nikkei Asia , Bill Chiu , Gudeng Precision , Greater Taipei , Taiwan Institute , Economic Research , New Taipei , Big Tech , Tsai Ing Wen ,