TSMC, the world's biggest contract chip maker, jumped 0.8 per cent.
The Taiwan dollar firmed NT$0.079 to NT$30.448 per United States dollar, making it among the strongest currencies in Asia against the USA dollar.
Chiu said the ministry remains in close contact with TSMC and generally does whatever it can to meet the company's requirements when setting up advanced manufacturing plants, including water and electricity supply as well as land acquisition. That in turn has spurred vehicle and technology manufacturers to investigate the costs of expanding their factories in the U.S. Foxconn Technology Group, Apple's main assembly partner, is also considering an investment in a U.S. plant of upwards of $7 billion that could create thousands of jobs.
During the 10-minute telephone call, Chang stressed that TSMC will prioritize investment in Taiwan and now has no plan to set up a plant in the U.S.
TSMC, which holds a global market share of more than 50 percent in the pure wafer business, has been keen to upgrade its production technology in an effort to maintain its dominance. While the company had previously said that it hadn't ruled out the idea, it now says that it will make a definite decision one way or the other in 2018 ...
With the introduction of the 10nm wafers, TSMC is expected to secure orders from Apple Inc. for the A11 processor for the next generation of iPhones, which are scheduled to be launched in the second half of this year, according to market analysts.