Summarize this content to 2000 words in 6 paragraphs in Arabic Unlock the Editor\u2019s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Taiwan Semiconductor Manufacturing Company said it is \u201cnot afraid\u201d of losing Washington\u2019s subsidies for its massive US investments, as the chief of the world\u2019s largest chipmaker sought to reassure investors following US President Donald Trump\u2019s call to kill the $52bn chips act. \u201cEven if we don\u2019t get any subsidies at all, we are not afraid of that,\u201d TSMC chair and chief executive CC Wei said on Thursday at a joint press conference with Taiwan\u2019s president Lai Ching-te. \u201cHonestly, I only demand fairness. We are not afraid to compete,\u201d he added. His comments come just days after TSMC pledged an additional $100bn investment in the US, boosting capacity in the country in a move designed to placate Trump and head off threatened tariffs on chip imports.A day later, Trump called on Congress to eliminate the US Chips Act, under which the Biden administration agreed to support TSMC\u2019s previously pledged $65bn investments with $6.6bn in public funds.In his Tuesday night State of the Union address, Trump said about TSMC that \u201call that was important to them was they didn\u2019t want to pay the tariffs\u201d. He added: \u201cSo they came and they\u2019re building\u2009.\u2009.\u2009.\u2009We don\u2019t have to give them money\u201dOn Thursday, the TSMC chief evaded the question whether the company had received a guarantee from Trump that the subsidies would remain in place in exchange for its additional commitment. He added that TSMC\u2019s \u201cgrand alliance\u201d with all other parts of the chip supply chain and its single-minded focus on the needs of its customers, rather than government support, were the reasons that it surpassed its rivals.The joint press conference with Taiwan\u2019s president was aimed at allaying fears that TSMC\u2019s additional US investments would undermine the company\u2019s commitment to Taiwan.Back home, TSMC is widely referred to as the \u201csacred mountain that protects the nation\u201d, reflecting the belief that other democracies will be more willing to defend Taiwan against a potential Chinese attack as long as they remain highly dependent on chip supplies from the country. TSMC produces more than 90 per cent of the world\u2019s most advanced semiconductors.So far all of those are made in fabrication plants, or fabs, in its home country, but it plans to start offering the most advanced process technology in the US from 2028.Under the new deal announced with Trump on Monday, the company has sharply increased its capacity expansion plans for the US and even pledged to set up a research and development unit there, which it previously resisted.In contrast to competitors Samsung and Intel, TSMC only manufactures chips to the designs of other companies. This model has enabled other chipmakers to exit manufacturing and focus on design, in turn giving TSMC a continuously growing market share.Wei said TSMC\u2019s new US investment would not come at the expense of its home country. The company is building 11 new fabs in Taiwan, compared with five new factories over the next four years promised to Trump. The TSMC chief clarified that the R&D unit in the US would be focused on improving process technology that has already entered production. The \u201creal R&D\u201d of developing next-generation manufacturing technology would remain at the global R&D centre in Taiwan, 10 times the size of the US unit with 10,000 engineers.<\/p>\n","protected":false},"excerpt":{"rendered":"
Summarize this content to 2000 words in 6 paragraphs in Arabic Unlock the Editor\u2019s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Taiwan Semiconductor Manufacturing Company said it is \u201cnot afraid\u201d of losing Washington\u2019s subsidies for its massive US investments, as the chief of the world\u2019s largest chipmaker<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63],"tags":[],"class_list":{"0":"post-231353","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-tech"},"_links":{"self":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/posts\/231353","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/comments?post=231353"}],"version-history":[{"count":0,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/posts\/231353\/revisions"}],"wp:attachment":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/media?parent=231353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/categories?post=231353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/tags?post=231353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}