UPDATE 1-TSMC to delay Japan chip plant and prioritise US to avoid tariffs, WSJ reports


Reuters | Updated: 04-07-2025 16:27 IST | Created: 04-07-2025 16:27 IST
UPDATE 1-TSMC to delay Japan chip plant and prioritise US to avoid tariffs, WSJ reports

Taiwan's TSMC plans to delay its chip plant project in Japan and prioritise operations in the United States to avoid tariffs imposed by U.S. President Donald Trump, the Wall Street Journal reported on Friday.

However, TSMC said in a statement that its investment plans in the U.S. would not impact existing investment plans in other regions. "TSMC does not comment on market rumour," the statement said, adding the company's global manufacturing expansion strategy "is based on customers' needs, business opportunities, operating efficiency, the level of government support and cost economic considerations."

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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