WASHINGTON (REUTERS) - Democratic lawmakers on Tuesday (May 19) urged the Trump administration to answer 'serious questions' about Taiwan Semiconductor Manufacturing Co Ltd's (TSMC) plans to build a US-based US$12 billion (S$17 billion) plant, flagging national security concerns and potentially undisclosed subsidies.. Read more at straitstimes.com.
WASHINGTON - Democratic lawmakers on Tuesday urged the Trump administration to answer"serious questions" about Taiwan Semiconductor Manufacturing Co Ltd's plans to build a US-based US$12 billion plant, flagging national security concerns and potentially undisclosed subsidies.
In a letter addressed Tuesday to Mr Ross and Defence Secretary Mark Esper, top Senate Democrat Chuck Schumer and two colleagues said they"strongly support" efforts by the administration to"on-shore" semiconductor plants in the United States. "We have serious questions as to how this project takes into consideration national security requirements and how it aligns with a broader strategy for building a diverse US semiconductor manufacturing supply chain," the men wrote of the TSMC plan.
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