USA

TSMC could spend $16+ billion on US chip plant, final decision in the first half of 2018

iPhone and iPad silicon maker Taiwan Semiconductor Manufacturing Company Limited (TSMC) won’t make the decision whether or not it would build a foundry fab in the United States until sometime in 2018, Reuters reported Monday. The firm hinted it might start building some of the chips in America.

TSMC, which exclusively churns out Apple-designed mobile processors for latest iPhone and iPads, won’t make a definite decision on building a US plant this year because it would lose its “flexibility” if it made the move this year.

Apple and iPhone manufacturer Foxconn may build highly automated $7B display plant in U.S.

According to Japanese outlet Nikkei Asian Review, iPhone manufacturer Foxconn’s Chairman Terry Gou told journalists who attended his company’s end-of-year corporate party that Foxconn is considering a joint investment with Apple topping $7 billion for a highly automated display facility in the United States.

It would eventually create 30,000-50,000 jobs.