Technews reported, Taiwan Semiconductor Manufacturing Company (TSMC) announced on the 17th that, following an internal assessment, it has decided not to consider entering the third phase of the Longtan Park under the current conditions. However, TSMC will maintain its expansion pace and continue to collaborate with the management authority to evaluate suitable land in Taiwan for semiconductor manufacturing.

The Longtan Science Park management authority has been planning an expansion project, which is closely related to land for advanced semiconductor processes below 2nm, with TSMC as the major player. This project has faced opposition and protests from local residents. Recently, a meeting was held between the “Anti-Longtan Science Park Phase 3 Expansion Association”,  the management authority, and representatives from TSMC, where it was revealed that TSMC has decided to abandon its plans for setting up a plant in the Longtan. This news has drawn considerable attention.

TSMC stated that it is a tenant of the Longtan Science Park’s land, and land planning is the responsibility of the government. The company respects the residents and the competent authorities and cannot further comment on land expropriation matters.

After conducting an evaluation, TSMC has decided not to consider entering the third phase of the Longtan Park under the current conditions. In order to maintain its previous expansion pace, TSMC will continue to collaborate with the management authority to assess suitable land in Taiwan for semiconductor manufacturing.

The expansion project site of Longtan Park is located in Longtan District, Taoyuan City. The originally planned land covers a total of 158.59 hectares and was intended for research, development, and production in 2-nanometer technology and below. It was estimated to provide around 5,900 employment opportunities and create an average annual output value of approximately NT$600 billion to NT$650 billion.