US President Donald J Trump’s administration is in talks with semiconductor companies about building chip factories in the United States, the Wall Street Journal has reported.
- Trump White House holds talks with leading chipmakers
- Strategically, the US administration desires semi-conductor players to be based in the US
- US increasingly concerned that chipmakers and their IP have become a strategic priority for Chinese military
The Trump administration has held talks with Intel Corp and Taiwan Semiconductor Manufacturing Co (TSMC), the newspaper reported, citing sources and a correspondence viewed by the Journal.
TSMC has been talking with the US Commerce and Defence departments and with Apple Inc, one of its largest customers, about building a chip factory in the United States, the report added.
Certain US officials are also looking at helping South Korea’s Samsung Electronics Co, which has a chip factory in Austin, Texas, to expand its contract-manufacturing operations in the United States, the Journal reported.
It did not give details of any incentives that may be on offer to chipmakers.
TSMC, Apple, Intel and Samsung Electronics were not immediately available for comment on Sunday.
The team at Platform Executive hope you have enjoyed the ‘[post_title]’ article. Automatic translation from English to a growing list of languages via Google AI Cloud Translation. Initial reporting via our official content partners at Thomson Reuters. Reporting by Kanishka Singh in Bengaluru; Editing by Susan Fenton.