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PHOENIX — Governor Doug Ducey today announced that following a national search, Taiwan Semiconductor Manufacturing Company (TSMC) has selected Arizona for its new U.S. advanced semiconductor factory.

TSMC's planned $12 billion Arizona chip fab inched closer to reality after reports surfaced that the company had secured U.S. subsidies. “We are still talking to the U.S. government. The state’s Department of Commerce confirmed Friday that it had sought TSMC’s new plant.TSMC said Thursday it will build its Arizona factory with unspecified support from the state and federal governments. “We have never closed down a single fab in our history, as we are able to convert mature technology production lines to specialty technology such as sensors or power management semiconductors.”“We had multiple conversations with officials from TSMC about the potential for this expansion in Washington state during their decision making process,” department spokeswoman Penny Thomas wrote in an email. Taiwan Semiconductor Manufacturing Co. said Thursday night it will spend $12 billion to build a new chip factory in Arizona.

Huawei “will not be able to make smartphones in the future without semiconductors, and other smartphone brands will eat into its market share.”But Liu reaffirmed TSMC’s projections for 2020, saying it still planned to spend as much as $16 billion this year on capacity upgrades and technology, and foresees a mid- to high-teens percentage rise in 2020 revenue.Washington’s curbs -- a more precise strike against Huawei because it targets its secretive and cutting-edge HiSilicon semiconductor division -- threaten to wreak havoc throughout the complex chip ecosystem that produces technology for consumers and companies globally. “We’re grateful to see the continued success of the WaferTech facility in Camas and don’t have any concern presently about its continued presence and operations.”The Trump administration has courted TSMC and Intel, Oregon’s largest corporate employer, seeking to bolster domestic chip production and blunt China’s aggressive expansion into the semiconductor industry.Washington is reliably Democratic, offering little electoral opportunity to the president. Photographer: Ashley Pon/BloombergThe Taiwanese chipmaker hopes to keep supplying Huawei but is confident other customers can replace any business lost because of tightening U.S. curbs on China’s largest tech company. Taiwan Semiconductor Manufacturing Co. has secured government subsidies for its envisioned $12 billion chip plant in Arizona, moving closer toward finalizing a … TSMC is studying the latest restrictions and is hopeful the issue will get resolved over time, Liu told shareholders Tuesday. The company passed over its existing site in Camas, just across the Columbia River from Portland, despite Washington state’s efforts to lure the new factory there.TSMC said it plans to start construction in Arizona next year and begin making chips in 2024, with expansion continuing until 2029.TSMC is a contract manufacturer making chips for other Apple and many other electronics companies. Our request is that the state and federal governments together make up for the cost gap between the U.S. and Taiwan.”May 15: TSMC Plans $12 Billion U.S. Chip Plant in Arizona“New restrictions can lead to a rebalancing among market players,” Liu told reporters. TSMC has been the world's dedicated semiconductor foundry since 1987, and we support a thriving ecosystem of global customers and partners with the industry's leading process technology and portfolio of design enablement solutions to unleash innovation … The project will create over 1,600 new high-tech jobs and generate thousands of additional jobs in the state for suppliers and other companies within the semiconductor industry.