Apple Supplier TSMC Rethinks 1Nm Chip Plant Location Amidst Residents' Opposition

After facing significant backlash from local residents, the Taiwan Semiconductor Manufacturing Company (TSMC) has decided to reconsider the location initially chosen for its upcoming 1nm chip factory.

What happened: According to a report by 9to5Mac, the Taiwanese tech giant TSMC, a key supplier for Apple Inc. (NASDAQ:AAPL), had originally planned to construct its new chip manufacturing plant in Longtan, Northern Taiwan. However, the chosen location would have required certain residents to relocate, causing a wave of protests.

In response to the protests, TSMC has agreed to explore alternate sites for its new factory. The company aims to work alongside the government-run Science Park Administration to identify suitable land within Taiwan to construct semiconductor factories. The details of the potential alternative sites have not been revealed yet.

Building a new plant involves substantial power and water resources, indicating a substantial infrastructure investment. Recognizing the industry’s crucial role, Taiwan’s Economic Minister ensured that the government would offer the necessary support.

See Also: Apple Watcher Says iPhone 17 May Finally Have ...

Full story available on Benzinga.com


Disclaimer: The views, recommendations, and opinions expressed in this content belong solely to the third-party experts. This site was not involved in the writing and production of this article.


Disclaimer Press Release Banner
Related Press Releases
Happy Chinese New Year Tour Helped Ringing in the Lunar New Year with Seven Events in the United States to Showcase Chinese Craftsmanship and Art Forms

Happy Chinese New Year Tour Helped Ringing in the Lunar New...

Faceswap AI Online Tool: Anakin AI Unleash the Digital Creativity for Everyone

Faceswap AI Online Tool: Anakin AI Unleash the Digital Creat...

VPTrade.com Expands Reach: Innovative Trading Platform Now in Latin America and Asia

VPTrade.com Expands Reach: Innovative Trading Platform Now i...

Lana Evanova's Impressionistic Acrylic Paintings Enchant the Art Community at Arte Fiera 2024

Lana Evanova's Impressionistic Acrylic Paintings Enchant the...

ToyHub247.com: A New Destination for Online Toy Shopping

ToyHub247.com: A New Destination for Online Toy Shopping

SASSA Status Check launched an updated tool for grant beneficiaries

SASSA Status Check launched an updated tool for grant benefi...

Embark on a New Era of Travel and Web3-Related Ecosystem with XINTEL – The Gateway to Unprecedented SocialFi

Embark on a New Era of Travel and Web3-Related Ecosystem wit...

Real Street Capital Announces Regulation A+ Offering to Raise $25 Million for REAL STREET BUILD-TO-RENT FUND I, LLC.

Real Street Capital Announces Regulation A+ Offering to Rais...

Announcing the Launch of Kosa Salon SF’s New Website: A New Luxury Hair Salon in San Francisco

Announcing the Launch of Kosa Salon SF’s New Website: A New...