TSMC is in talks with EDB on funding support, says WSJ
World's largest chip maker Taiwan Semiconductor Manufacturing Co, is mulling a new fab in Singapore, according to the Wall Street Journal.
As typical with semiconductor facilities here, which can easily run into the billions of dollars, the Singapore government is likely to chip in with some support.
Negotiations are under way with the Singapore Economic Development Board, according to WSJ, citing unnamed sources.
“Securing supply chains for essential components is a key issue for the Singapore government, and it is following in the footsteps of the US and Japan,” one of the “people familiar with the project” told the WSJ.
A TSMC spokeswoman told WSJ: “TSMC doesn’t rule out any possibility but does not have any concrete plan at this time.”
For the Singapore project, TSMC is exploring production lines making 7- to 28-nanometer chips. TSMC is already making cutting edge chips are already at 5 nm.
TSMC has announced a capex of between US$40 billion and US$44 billion for 2022.