You are here:  Home  >  Economy  >  Current Article

Taiwan company’s Arizona investment seen as big deal

Posted by   /  May 18, 2020  /  No Comments

    Print       Email

By Russ Wiles, Lorraine Longhi and Uriel J. Garcia | The Republic

A $12 billion advanced chip factory in Phoenix to be built by industry giant Taiwan Semiconductor Manufacturing Co. will take years to develop and promises to propel Arizona as a technology leader.

Taiwan Semiconductor Manufacturing Co.’s products are used in computers, smartphones, automobiles and many other applications. Its roughly 500 customers include Apple, Intel, Qualcomm and Sony.

Construction is planned to start in 2021 at an as-yet unspecified location in the city of Phoenix, which both Gov. Doug Ducey and Mayor Kate Gallego confirmed, with production targeted to begin in 2024.


    Print       Email

Leave a Reply

You might also like...

California shopping center king Rick Caruso is back — and cheering on the demise of the American mall

Read More →