Where will they keep the child laborers?
I heard child labour was legal in the US again? Or is this not in Arizona?
That was Foxcon, not TSMC. And all of us have a LOT of shit in our homes made by Foxcon.
Not that it justifies the shit Foxcon did. Just saying that Apple got a lot of flack, even though a lot of other companies should be scrutinized for their manufacturing contractor choices. Microsoft, Sony, etc.
This is HORRIBLE! I’m a Patriotic Republican and don’t know why it’s Horrible Yet but Biden did it so it’s BAD!!
We shouldn’t be making water and energy intensive manufacturing in a hot desert.
He did it to support the rich libtards! Not the poor working Republicans can no longer afford guns to stop the immigrants. And he hates Tiaywan !
/S
Anybody know if this has anything to do with Biden’s Chips and Sciences program?
Yes. So far, the CHIPS Act has resulted in $6.6b in direct funding and an additional $5b in available loans for the AZ facility.
Cool. Thanks for the intel.
more domestic production is great
That’s great but, honest question: why?
We’ve spent the last few decades outsourcing key industries, where US no longer has as much manufacturing and we’re way too dependent on other countries. It took supply chain disruptions from COViD to realize how much of a bad idea that was.
We’re finally trying to recapture some of those key jobs, industries, supply chains, dependencies, starting with chips and renewable energy. THANKS, BIDEN! this is what will make America great again
Apple wants to cut down on counterfeiting. The US wants to prevent supply chain issues and reduce reliance on foreign chip production. The wiki article on the CHIPS Act is a pretty good overview: https://en.m.wikipedia.org/wiki/CHIPS_and_Science_Act
Because the U.S. government gave them $6.6 billion to do it under the CHIPS Act: https://www.reuters.com/technology/tsmc-wins-66-bln-us-subsidy-arizona-chip-production-2024-04-08/
With TSMC, it’s insurance against China invading Taiwan but Intel (and probably everyone else) got a load of subsidies too. After the chip shortage during the pandemic and Russia invading Ukraine, chip production became a national security issue.
Mystery solved, I suppose!
Multiple sources of production.
We learned during concentrating all of your production in one small country wasn’t a good idea. Plus having multiple sources has always been suggested in case anything goes wrong with one company you can still have some production.
Sure but there are other countries that also have cheaper manufacturing rates.
And are susceptible to interference. Samsung is also building huge manufacturing infrastructure in the US.
So now it can be subject to US interference. Geopolitics folks.
But then US interference most directly affects US jobs and customers. That’s a much better er situation.
Think of car manufacturers that have done this for decades. They may have a global supply chain, heading mostly back to their home country, but they also have worldwide plants near their customers. Thanks partly to similar incentives and tariffs, my Honda was assembled in, I think, Kentucky, and was as us-manufactured as any us brand, meaning us jobs, us manufacturing, partial us supply chain. The result has been almost entirely good.
Those countries probably didn’t pay 5.5 billion dollars for TSMC to build a new facility in their country.
FUCK
These facilities are expensive, like 20-30B for the big ones. If you’re curious youtube has some good long videos on how these places work. As far as I’ve checked all the gov grants given to companies as incentives (whether chips or energy or other infrastructure projects) only partially cover the costs of construction.
From a business perspective: more control over the manufacturing process and less risk of getting hit by tariffs
Less risk of tariffs on China, less risk of supply chain disruptions like with the pandemic, takes advantage of incentives from the US government, and is something that is cool to advertise.
How does being in the US give you more control over manufacturing?
Tariffs are not new.
Not about being in the us specifically. But about keeping your manufacturing near your entire supply chain.
But the uncertainty of what will come soon for tariffs is
Because it’s in the US?
Yeah I got that when I put “in the US” in the comment you replied to.
It answers the question for you.
It doesn’t, and you know it doesn’t, youre just being an ass.
I actually don’t understand how it doesn’t. If it’s in the US, it’s domestic production. The US can run these places if it needs to, it can protect them if it needs to. It seems kind of obvious? Maybe I’m missing the point of your question though.
I am impressed by the near equal up/down votes on your original comment.
Nice way to be rude.
Tariffs change. Especially when Trump or another nutcase is in office.
Tariffs in general aren’t new, but Trump’s tariffs were applied haphazardly and poorly determined because he doesn’t understand what they are. Avoiding that uncertainty entirely is a good idea.
Do they have bombs in them?
US, not israel.
It’s very impressive that they got such a modern process up and running in such a relatively short period of time. I understand the Arizona location is relatively new.
Maybe, but Intel operates there so the labour pool is probably quite skilled already. Perhaps good supply chains too.
Thanks, Biden! And the American taxpayer!
Yeah, they’re essentially doing trials where Arizona fab provides small amounts of sillicon that’s being validated against what Taiwan fab does. While it was planned for 2024 I’m guessing everyone thought it would be delayed. It’s quite a big win for US, they’re on track to secure domestic supply of fairly modern chips in case shit hits the fan in Taiwan.
And they managed to do that with those lazy US workers? Wow.
Also, if interested, check out this documentary: https://en.wikipedia.org/wiki/American_Factory. Has a lot of interesting crosstalk between Chinese/American views on work and business.
Such a sad documentary, especially the self sabotage union votes.
I know. I was devastated when I first watched it, because I was so sure it was going to pass…
