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TSMC urges relaxation of rules on Chinese talent working in Taiwan

TSMC urges relaxation of rules on Chinese talent working in Taiwan

Taipei, Nov. 7 (CNA) Morris Chang, chairman of Taiwan Semiconductor Manufacturing Co. (TSMC,???), urged the government on Saturday to relax rules to allow the local high-tech sector to hire Chinese nationals freely. High-tech firms in Taiwan have to obtain approval from government authorities before hiring Chinese employees to work for them. Faced with such restrictions, Chang said, the government should allow Chinese talent to work for domestic high-tech firms without the need for regulatory permission because talent exchanges across the Taiwan Strait in the field are not unusual. Speaking on the sidelines of TSMC's annual sports day, Chang also stressed that TSMC remains very competitive compared with its peers in China, which has pledged to make a massive investment to cultivate its own semiconductor industry. TSMC, which is the world's largest contract chip maker, has set up a strong supply chain that covers a wide range of segments in the semiconductor business and is very confident in taking on competition from the rise of the so-called "red supply chain" in China, Chang said. The TSMC chairman said, meanwhile, that TSMC is carefully studying the feasibility of setting up a 12-inch wafer plant in China. Taiwanese media have long speculated that the chip maker had finalized a plan to build a plant for the production of 12-inch wafers in China using its 16-nanometer process technology. TSMC currently operates an eight-inch wafer plant in Songjiang District of Shanghai. Judging from the Songjiang plant operations, Chang said, running a wafer plant in China costs more than in Taiwan and setting up a 12-inch wafer plant is a very complicated issue and requires more time to evaluate. He said TSMC was in no rush to make any decision on the matter. Chang said that TSMC rolls out 700,000-800,000 12-inch wafers a month in Taiwan now, and its production costs are lower than at any other 12-inch plant in the world. (By Jackson Chang and Frances Huang)


Updated : 2021-09-17 08:00 GMT+08:00