Taipei:Taiwan Semiconductor Manufacturing Co. (TSMC) has secured a substantial NT$167.586 billion (US$5.10 billion) in subsidies from the governments of the United States, Japan, Germany, and China over the first nine months of the year to bolster its operations across these key markets.
According to Focus Taiwan, the financial support, detailed in a recent report, indicates that TSMC received NT$166.996 billion in the third quarter alone, following a smaller sum of NT$590 million in the first half of the year. This funding milestone is a record high for the company, aiding in property acquisitions, plant construction, and production equipment as part of its global expansion strategy.
TSMC's subsidiaries, including TSMC Arizona Corp. in the United States, European Semiconductor Manufacturing Co. in Germany, Japan Advanced Semiconductor Manufacturing Inc. in Japan, and TSMC Nanjing Co. in China, have formalized agreements with local authorities to facilitate these financial contributions. In Arizona, TSMC has started commercial production at its first fab using a 4-nanometer process, and the second fab is set to commence mass production in 2027 with a 3nm process. In Japan, TSMC's first fab began operations at the end of 2024, with a second fab's production slated for 2028. In Germany, the Dresden fab is expected to start production next year.
Financial outcomes for the subsidiaries indicate TSMC Arizona achieved a profit of NT$53.986 billion, JASM posted a profit of NT$2.396 billion, while ESMC incurred a loss of NT$1.079 billion.
