Taiwan Reportedly Preparing a Domestic Version of CHIPS Act, To Reveal More Details on Thursday

[AleksandarK]

Suppose you are following the inside of the semiconductor industry. In that case, you must be aware of the United States CHIPs act, where the US government plans to invest billions of dollars into domestic companies to boost the production of semiconductors devices on American soil. However, it seems like the Biden administration isn't the only governing body that realizes the importance of making semiconductors that power everything from entertainment to government, as Taiwan is supposed to announce a similar act for Taiwanese semiconductor makers like TSMC, MediaTek, GlobalWafers, UMC, etc. to simulate additional manufacturing and development on Taiwanese soil.

On Thursday, the Taiwanese government is expected to announce a 25% tax cut for research and development efforts of companies manufacturing their chips on the domestic playground. In addition to this tax deduction, Taiwan also plans to impose an additional 5% tax break on equipment purchasing, so companies like TSMC and GlobalWafers that purchase leading-edge equipment will be enjoying a healthy 30% smaller tax bill. This money is a Taiwanese way of creating additional funds for R&D purposes so these companies can bolster their CapEx with additional funds. We await to see what will happen tomorrow and update this story with more information as the official act gets announced.



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Taiwan pretty much has to take care of that industry. The moment they lose semiconductor leadership is the moment the rest of the world loses one of the important reasons to shield them from China. Sucks to be in that position.

 

[Fatalfury]

its only when TSMC beat Intel in semiconductor industry , that the Technology field sees some real improvement.

many years ago... 5-10 years felt like a Generation for leap in technology .
nowdays it feels like every 2-3 years everything is changing so fast.. form PCs to smartphones to IOT to cloud to AI.

all thanks to TSMC.
i see a devils mind when USA wants TSMC and Samsung to build thier FAb in america...
They either destroy the competetion(Huawei) how they get a victory while playing smart while others fight (US -Win, Europe,Russia=lose).

if it was Intel, they probably milk 10nm for another 10 years....to keep MOORE's law MORE alive.
So we dont need Intel to take a LEAD anytime soon..might as well be samsung or global foundries anyone else.
Hope evrything turns of well for TSMC coz the world depends on them.

 

[phanbuey]

its only when TSMC beat Intel in semiconductor industry , that the Technology field sees some real improvement.

many years ago... 5-10 years felt like a Generation for leap in technology .
nowdays it feels like every 2-3 years everything is changing so fast.. form PCs to smartphones to IOT to cloud to AI.

all thanks to TSMC.
i see a devils mind when USA wants TSMC and Samsung to build thier FAb in america...
They either destroy the competetion(Huawei) how they get a victory while playing smart while others fight (US -Win, Europe,Russia=lose).

if it was Intel, they probably milk 10nm for another 10 years....to keep MOORE's law MORE alive.
So we dont need Intel to take a LEAD anytime soon..might as well be samsung or global foundries anyone else.
Hope evrything turns of well for TSMC coz the world depends on them.

You mean like the GPU shortage? Relying on one foreign (and at risk) provider for the entire world is monumentally stupid. Technoloy was clipping faster when IBM, TI, Global Foundries (AMD), Intel and a bunch of other fabs were manufacturing - back then we were getting chips every 6-12 months that were eons better than the prior gen. Those companies allowed their fabs to die in the name of efficiency and globalism and now we are beholden to one company located on a disputed island. The world doesn't rely on tsmc or intel - if anything the supply shortages and the slow pace of development should be obvious pain points here.

 

[thesmokingman]

Buffet just bought into TSM for 4.1 bazillion dollars... perfect timing?

 

[HisDivineOrder]

Begun, the Chip Wars have.

 

[thesmokingman]

Begun, the Chip Wars have.

The end of globalization... lol.

 

[Deleted member 185088]

Taiwan pretty much has to take care of that industry. The moment they lose semiconductor leadership is the moment the rest of the world loses one of the important reasons to shield them from China. Sucks to be in that position.

They should do it to protect us from the unreliable US government the biggest threat for our world at the moment.
Both China and Taiwan and all other countries (including the US) agree on the one country two systems, unless the US government mess up nothing will happen.