TSMC to delay Japan chip plant and prioritise US to avoid tariffs, WSJ reports
July 4 (Reuters) - Taiwan's TSMC 2330.TW 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."
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