{"id":19854,"date":"2023-07-22T07:54:02","date_gmt":"2023-07-22T14:54:02","guid":{"rendered":"https:\/\/essential.construction\/news\/labor-shortages-delay-arizona-chip-plant-opening-until-2025\/"},"modified":"2023-07-22T07:54:03","modified_gmt":"2023-07-22T14:54:03","slug":"labor-shortages-delay-arizona-chip-plant-opening-until-2025","status":"publish","type":"post","link":"https:\/\/essential.construction\/news\/labor-shortages-delay-arizona-chip-plant-opening-until-2025\/","title":{"rendered":"Labor shortages delay Arizona chip plant opening until 2025"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<h3>Dive Brief:<\/h3>\n<ul>\n<li><span><span><span><span><span><span>TSMC, a Taiwan-based semiconductor manufacturing company, pushed back the opening of its Arizona chip factory until 2025 due to U.S. construction labor issues, said Mark Liu, TSMC chairman, during the company\u2019s second quarter earnings call.\u00a0<\/span><\/span><\/span><\/span><\/span><\/span><\/li>\n<li><span><span><span><span><span><span>\u201cWe are now entering a critical phase of handling and installing the most advanced and dedicated equipment,\u201d said Liu. \u201cHowever, we are encountering certain challenges as there is an insufficient amount of skilled workers with those specialized expertise required for equipment installation in a semiconductor-grade facility.\u201d<\/span><\/span><\/span><\/span><\/span><\/span><\/li>\n<li><span><span><span><span><span><span>Prior to the earnings call, TSMC announced plans to send several hundred additional workers from Taiwan to the Arizona site to strengthen its construction labor force for the project, <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.reuters.com\/technology\/tsmc-sending-more-workers-speed-up-building-new-arizona-plant-2023-06-29\/\" target=\"_blank\"><span><span><span><span><span><span><span>according to Reuters<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span>.<\/span><\/span><\/span><\/span><\/span><\/span><\/li>\n<\/ul>\n<h3>Dive Insight:<\/h3>\n<p><span><span><span><span><span><span>Liu confirmed on the call the company will still send these technicians from Taiwan for a short period of time in order to train the local skilled workers.\u00a0<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>Nevertheless the TSMC chairman said the company now expects completion to be pushed out to 2025 due to overall labor scarcity.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>Labor shortages, combined with COVID-19 surges and licensing problems, had already caused a three to six month delay on the project in February 2022, <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/asia.nikkei.com\/Business\/Tech\/Semiconductors\/Construction-of-TSMC-s-U.S.-chip-plant-delayed-by-labor-crunch-COVID\" target=\"_blank\"><span><span><span><span><span><span><span>according to Nikkei Asia<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span>. Meanwhile, Liu also admitted last summer during the company\u2019s annual meeting the advanced chip plant in Arizona will likely be \u201c<\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/asia.nikkei.com\/Business\/Tech\/Semiconductors\/TSMC-says-U.S.-plant-construction-more-costly-than-expected\" target=\"_blank\"><span><span><span><span><span><span><span>more costly<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span>\u201d than originally anticipated.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span><span><span>The U.S. construction industry had <\/span><\/span><\/span><\/span><\/span><\/span><a rel=\"nofollow noopener\" href=\"https:\/\/www.constructiondive.com\/news\/job-openings-construction-worker-shortage-interest-rates\/685965\/\" target=\"_blank\"><span><span><span><span><span><span><span>366,000 job openings in May<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/a><span><span><span><span><span><span>, an increase of 5.5% from April, tilting the power balance in favor of workers. Associated Builders and Contractors chief economist Anirban Basu said that that data confirms \u201clabor shortages remain firmly in place.\u201d<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.constructiondive.com\/news\/labor-shortages-delay-arizona-chip-tsmc-plant-2025\/688661\/\" rel=\"nofollow noopener\" target=\"_blank\">This article was originally posted at Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Dive Brief: TSMC, a Taiwan-based semiconductor manufacturing company, pushed back the opening of its Arizona chip factory until 2025 &#8230; <a title=\"Labor shortages delay Arizona chip plant opening until 2025\" class=\"read-more\" href=\"https:\/\/essential.construction\/news\/labor-shortages-delay-arizona-chip-plant-opening-until-2025\/\" aria-label=\"Read more about Labor shortages delay Arizona chip plant opening until 2025\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":19855,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[457],"tags":[],"class_list":["post-19854","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-construction-dive","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/19854","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/comments?post=19854"}],"version-history":[{"count":0,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/19854\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/media\/19855"}],"wp:attachment":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/media?parent=19854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/categories?post=19854"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/tags?post=19854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}