Taiwan Semiconductor Manufacturing Co. has reached a significant milestone in its expansion into the US. Recent trial production at the company’s new Arizona facility has yielded results comparable to those of its established plants in Taiwan, according to Bloomberg, which cited a person familiar with the company who requested anonymity. This development is a positive sign for the chipmaker’s ambitious US project, which has faced delays and doubts about whether it could match the production efficiency of its Taiwanese operations.
The fact that it needs to come from a “familiar with the company” anonymous source instead of the official source gives me pause in believing this 100%. Plants like this have been known to game the system for tax purposes while not actually making anything. And like everything, time for me to find the appropriate The Dollop episode.
The Dollop
#456 - Scott Walker - Reverse Dollop 🅴
#456 - Scott Walker - Reverse Dollop
#456 - Scott Walker - Reverse Dollop
Edit - For anyone not wanting to click through and/or listen, this episode is about the Foxconn deal that gave Foxconn essentially a way to subsidize it’s other factory while doing nothing in the US . People literally showed up to work with nothing to do, all day every day.
Officially unofficial.
Regarding Foxconn, you left out the part where they seized a whole neighborhood of homes with eminent domain and kicked all the residents out in a secret deal with zero public input.