On March 6, it was reported that as countries around the world rushed to offer subsidy policies to develop the local semiconductor manufacturing industry, TSMC has become the main target of the United States, Japan and Germany to invest and set up factories in the local area, which also makes TSMC receive a large number of subsidies. TSMC's 2023 grants from China and Japan have surged to NT$4754.5 billion yuan (about 108 yuan.)400 million yuan), a year-on-year surge of 574 times.
According to TSMC's financial report data, in 2023, TSMC's Japanese subsidiary JASM and China's Nanjing subsidiary will receive subsidies from Japan and China**, mainly including the purchase cost of real estate, plant and equipment, as well as part of the cost and expense of building plants and production operations.
TSMC pointed out that in 2022, it will receive subsidies from Japan and China** about NT$70NT$5.1 billion, and NT$47.5 billion in subsidies from Japan and China in 20234.5 billion yuan, a significant increase of 4049.4 billion yuan, an increase of 574 times. Although TSMC did not say how much subsidies Japan and China will have, the previous data shows that Japan** decided to subsidize TSMC Kumamoto Plant 1 with a maximum of 476 billion yen (about NT$100.4 billion, about RMB 229.).500 million yuan, which will be subsidized in stages), which should also be the main reason for the surge in TSMC's ** subsidy in 2023.
According to the data, TSMC officially announced the construction of its first wafer factory in Kumamoto in November 2021, and introduced Sony Semiconductor Solutions and Denso as joint venture shareholders, with a total investment of 8.6 billion US dollars. In April 2022, the fab officially started construction, and the construction project was completed in 1 year and 8 months under 24-hour shifts day and night, and was officially unveiled and completed on February 24, 2024, and is expected to be officially mass-produced by the end of 2024. The planned production capacity is 550,000 12-inch wafers using 22 28nm to 12 16nm process technology. According to the news, Japan** will subsidize TSMC Kumamoto Wafer Factory 1 by 476 billion yen, accounting for about 40% of the total investment.
In addition, at the end of 2024, TSMC will also build a second wafer fab in Kumamoto and add Toyota as a shareholder, which is expected to be mass-produced by the end of 2027, when it will produce 6 7nm and 40nm processes.
Japanese Prime Minister Fumio Kishida announced in the pre-recording of the opening ceremony of TSMC's Kumamoto Wafer Fab 1 that Japan** has decided to support TSMC in building Kumamoto Wafer Fab 2. Minister of Economy, Trade and Industry Ken Saito said after the meeting that Japan** has made a decision to subsidize 732 billion yen (about NT$153.8 billion) to support TSMC's construction of Kumamoto Wafer Factory 2.
The subsidies that TSMC will receive from mainland China in 2023 are mainly due to the expansion project of the Nanjing plant. As early as April 2021, TSMC announced that it would invest 28With a capital expenditure of US$8.7 billion, the Nanjing plant is expected to start mass production in the second half of 2022 and reach full production of 40,000 wafers per month by mid-2023.
At present, TSMC is also investing $40 billion in the United States to build an Arizona wafer factory, planning to mass produce 4nm and 3nm. Recent rumors suggest that Intel is expected to receive about $10 billion in subsidies under the U.S. CHIPS Act. If estimated according to Intel's investment and the amount of subsidies received, TSMC is also expected to receive nearly $10 billion in subsidies.
In addition, TSMC has partnered with Infineon, NXP Semiconductors and Bosch to invest 10 billion euros in the eastern German city of Dresden to build a semiconductor factory, and Germany** will also provide subsidies of about 5 billion euros.
As a result, TSMC's ability to receive subsidies from various countries** is expected to increase further in the coming years.
Editor: Xinzhixun-Rogue Sword.