TSMC, which makes the A-series chips for Apple’s iPhones and iPads, says it may in future make chips in the US…

The company, whose full name is the Taiwan Semiconductor Manufacturing Company, says that it has no ‘short term’ plans to do so, but is considering the possibility further ahead.

Digitimes carries the report.

In response to reports indicating Washington has increased its pressure on TSMC to have a plant in the US for the fabrication of high-security products, the Taiwan-based foundry said that it has no such plans in the short term but the feasibility is being evaluated.

It should be noted that it’s not uncommon for companies to respond to political pressure by making vague noises that it thinks will keep people happy for the time being. White House administrations come and go, and if any particular one can score political points by being able to say that something is being considered, it costs TSMC nothing to make the claim.

Even if things were to progress beyond a feasibility study, that’s no guarantee that US jobs will be created, as has already been seen with Foxconn. The iPhone assembler sought up to $4B’s worth of tax breaks and other incentives for the promise of 13,000 jobs. Almost a billion of that money had been spent by last year, with just 178 jobs created.

While TSMC may or make not make chips in the US some way down the road, it is predicting strong growth this year.

The global IC foundry market is forecast to increase 17% in 2020, outpacing the overall semiconductor sector’s 8% growth, according to TSMC CEO CC Wei. TSMC will continue to see its sales increase outperform the overall IC foundry market growth this year, said Wei.

One factor here will be an expected surge in iPhone sales this year prompted by 5G support in a new flat-sided design.

Image: Shutterstock

FTC: We use income earning auto affiliate links. More.

Longvadon Watch Bands

Check out 9to5Mac on YouTube for more Apple news:

You’re reading 9to5Mac — experts who break news about Apple and its surrounding ecosystem, day after day. Be sure to check out our homepage for all the latest news, and follow 9to5Mac on Twitter, Facebook, and LinkedIn to stay in the loop. Don’t know where to start? Check out our exclusive stories, reviews, how-tos, and subscribe to our YouTube channel

About the Author

Ben Lovejoy

Ben Lovejoy is a British technology writer and EU Editor for 9to5Mac. He’s known for his op-eds and diary pieces, exploring his experience of Apple products over time, for a more rounded review. He also writes fiction, with two technothriller novels, a couple of SF shorts and a rom-com!

Ben Lovejoy's favorite gear