TSMC says planned U.S. factory in line with company’s interests

Tue Jun 09 2020
Lucy Harlow (4125 articles)
TSMC says planned U.S. factory in line with company’s interests

 A logo of Taiwan Semiconductor Manufacturing Co (TSMC) is seen at its headquarters in Hsinchu, Taiwan August 31, 2018. REUTERS/Tyrone Siu/File Photo

Taiwan Semiconductor Manufacturing Co Ltd’s (2330.TW) planned factory in the United States is “definitely in line with” the company’s interests, Chairman Mark Liu told investors on Tuesday.

The move will help it gain the trust of clients and help boost its talent pool, Liu said at the company’s annual general meeting in the northern Taiwanese city of Hsinchu.

Lucy Harlow

Lucy Harlow

Lucy Harlow is a senior Correspondent who has been reporting about Equities, Commodities, Currencies, Bonds etc across the globe for last 10 years. She reports from New York and tracks daily movement of various indices across the Globe