TSMC signed a 50-year land-use agreement with the Tainan City Government for 22 industrial plots. The contract grants the company rights to expand advanced semiconductor production facilities in the Anding District without an outright purchase.
The expansion supports a national policy to retain high-end chipmaking within Taiwan. This move reinforces the country's central role in the global semiconductor supply chain.
Surging demand from the artificial intelligence sector drives the need for increased capacity. Tainan Mayor Huang Wei-che noted the city has become a vital base for the semiconductor industry.