Ducey travels to Taiwan, Korea on trade mission as Arizona grows its semiconductor industry

By Corina Vanek | Arizona Republic

Gov. Doug Ducey arrived in Taiwan on Tuesday morning, as part of a five-day trip that will include a stay in the Republic of Korea focused on growing Arizona’s semiconductor industry.

Ducey will meet with Taiwan President Tsai Ing-wen and leaders of high-tech manufacturing companies. He also will deliver a keynote address to a group of American and Taiwanese business leaders.

In 2021, trade between Arizona and Taiwan totaled $1.92 billion.

Arizona’s largest ever foreign direct investment, the Taiwan Semiconductor Manufacturing Co. plant, is under construction in north Phoenix, near Loop 303 and Interstate 17. The first phase of development represents a $12 billion investment from TSMC.

Ducey was expected to facilitate the signing of an agreement between the Taiwan Ministry of Education and the Arizona Board of Regents to promote collaboration in higher education and workforce training.

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