Asian Tech Press (Dec 27) -- TSMC may build a 2nm chip factory in Taichung, according to several Taiwan media reports on Monday.

Taiwan's Central News Agency (CNA) reported that Taichung Mayor Lu Shiow-yen said at an event on Monday that TSMC would be asked to propose hydropower plans, and the case is currently in progress.

Lu pointed out that the case, if it goes well, is expected to attract 7,000 to 8,000 people to be employed in Taichung, and the investment amount is about NTD 800 billion to about 1 trillion.

TSMC President and CEO C.C. Wei led a group of senior executives to Taichung City Government on Friday to pay a visit.

Economic Daily News pointed out that according to industry analysis, TSMC will set up a 2-nanometer plant at the the Baoshan site in the Hsinchu Science Park. If there is a shortage of land in Hsinchu, TSMC will expand and build a 2-nanometer capacity in Taichung.

Judging from the business of the director accompanying Wei, the visit should be related to the plan to expand TSMC's plant in Taichung.