TSMC scraps plans for Taiwan advanced chip plant site after protests

World's largest contract chipmaker to evaluate other locations on island

20231017N TSMC

Taiwan Semiconductor Manufacturing Co. had planned to build a factory in Taoyuan city that would produce 2-nanometer chips. (Photo by Hideaki Ryugen)

HIDEAKI RYUGEN, Nikkei staff writer

TAIPEI -- Taiwan Semiconductor Manufacturing Co. has withdrawn plans to build a chip plant at a site in northern Taiwan, the company said Tuesday, a move that follows protests from residents.

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