Liu Deyin, chairman of TSMC, pointed out that there are some restrictive clauses in the U.S. Chip Act, which TSMC cannot accept and needs to communicate with the U.S. Department of Commerce.

(Photo by reporter Hong Youfang)

[Reporter Hong Youfang/Hsinchu Report] Liu Deyin, chairman of TSMC, pointed out that TSMC cannot accept some restrictive clauses in the U.S. Chip Act, and it needs to communicate with the U.S. Department of Commerce before applying for subsidies.

According to foreign media reports, the Chip Act provides US$53 billion in funding to help restore US semiconductor manufacturing capabilities. Companies building cutting-edge chip factories in the United States will start applying for the subsidy on Friday.

However, the United States also restricts manufacturers from applying for subsidies, prohibits investment and expansion in China and other "concerned countries" within 10 years, and must submit multiple information about business secrets.

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Liu Deyin attended the annual general meeting of the Taiwan Semiconductor Industry Association (TSIA) today. The interview pointed out that TSMC cannot accept certain restrictions on the U.S. chip bill. It needs to communicate with the U.S. Department of Commerce before applying for subsidies, but he did not say clearly Which restriction is unacceptable.

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