Taiwan gives TSMC green light for most advanced chip plant

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Environmental approval could help chip giant stay ahead of Intel

asia.nikkei.com, Jul. 28, 2021 – 

TAIPEI -- Taiwan Semiconductor Manufacturing Co. has received final approval to build its most advanced chip plant yet, a day after U.S. rival Intel said it planned to seize chip industry leadership.

TSMC plans to build a 2-nanometer chip facility in Hsinchu, one of Taiwan's most important chipmaking centers.

The Environmental Review Committee, a cross government and academic environmental regulatory body, approved the plan on Wednesday. This clears the way for TSMC to start construction of the facility in early 2022, and begin installing production equipment by 2023, sources familiar with the plan told Nikkei Asia.

"Semiconductor is one of the most crucial industries to Taiwan's economic growth," Economics Vice Minister Lin Chuan-neng said at the environmental review committee meeting. "The government will help TSMC to achieve its environmental targets while continuing to build the advanced technologies."

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