TSMC draining itself with Arizona move.

But for TSMC itself, it may not be a good move. Among all of TSMC's branches outside the island, the two on the Chinese mainland enjoy the best conditions, namely high-quality labor force, good infrastructure, high logistics speed and support from local governments. In some developed countries with similar conditions, the labor cost is much higher. A branch on the Chinese mainland makes good economic sense, yet TSMC has chosen otherwise.

TSMC's move is not good for Taiwan's economy either. Taiwan is not good with intricate technology, TSMC being one of the very few companies in that sector on the island. By setting up a unit in the US, Taiwan is moving high-end jobs away, thus depriving locals of opportunities. This could hurt their and their families' consumption, and, in turn, Taiwan's economy. They are playing with the lives of ordinary people just to flatter their boss, the US.

For any enterprise, to move 13,000 kilometers away is always a difficult decision. It is time TSMC reconsidered its decision, to avoid hurting the interests of the island and the people and businesses on the Chinese mainland.