[News] TSMC Reportedly Set to Announce New Chief Human Resources Officer at Its First U.S. Board Meeting

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According to a report from Liberty Times, TSMC will hold its board meeting in the U.S. on the 12th, marking the first time in the company’s 37-year history that the board meeting will be held outside Taiwan.

The Liberty Times report states that the agenda for this board meeting includes discussions on dividend distribution for the fourth quarter of 2024, quarterly capital budget allocations, and personnel matters. Market attention is also focused on whether TSMC will announce further expansion plans in the U.S.

Notably, citing sources, the report states that the board is expected to decide on a successor for the position of Chief Human Resources Officer (CHRO), as the current Senior Vice President of Human Resources, Lora Ho, is set to step down from the role.

Lora Ho, an accounting professional by background, has held key executive positions in accounting, finance, business, and human resources at TSMC. Throughout her tenure, she has been highly regarded by former and current chairmen, including Morris Chang, Mark Liu, and C.C. Wei, as noted by the report.

According to TSMC’s website, the report mentions that Lora Ho has received numerous awards, including the “Outstanding Financial Executive” award from the Financial Executives Institute, and was named one of the “Nine Most Influential Women in Asian Tech” by Nikkei Asian Review in 2018.

Market Concerns Over TSMC’s U.S. Commitment as Its First Overseas Board Meeting Approaches

Meanwhile, citing industry sources, a Commercial Times report notes that TSMC’s Arizona wafer fab, Fab 21 Phase 1, has officially entered mass production on its 4nm process in the first quarter of 2025. The Commercial Times report highlights that beyond an on-site inspection of its new fab, following Trump’s administration, TSMC’s board meeting in the U.S. underscores the company’s commitment to U.S. semiconductor manufacturing.

Additionally, another Commercial Times report indicates that TSMC is planning to raise prices for advanced nodes by over 15% in 2025 due to Trump’s potential chip tariff. These developments have drawn considerable industry attention to the company’s first-ever board meeting in the U.S.

Read more

• [News] TSMC’s U.S. Board Meeting Focus at a Glance: Potential Expansion Amid Chip Export Restrictions
• [News] TSMC Reportedly Halts 14/16nm Chip Shipments to Chinese IC Firms unless Packaged by Approved OSATs

(Photo credit: TSMC)