Arizona group inks agreement with Taiwan aimed at attracting more chip companies

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An Arizona economic development group on Tuesday said it had made a deal with Taiwanese economic development officials aimed at making the U.S. state more attractive to Taiwan's semiconductor industry as the world's biggest chipmaker eyes a US$12 billion plant in Phoenix.The Taiwan-USA Industrial Cooperat

An Arizona economic development group on Tuesday said it had made a deal with Taiwanese economic development officials aimed at making the U.S. state more attractive to Taiwan's semiconductor industry as the world's biggest chipmaker eyes a US$12 billion plant in Phoenix.

The move comes as Taiwan Semiconductor Manufacturing Co, the world's largest chip company and a maker of semiconductors for Apple Inc and many others, has said it wants to build a plant in Phoenix. The Phoenix area is already home to a major Intel Corp chip factory, and NXP Semiconductors and ON Semiconductor Corp also have factories and offices there.

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