During the company's annual shareholders' meeting, the boss of Taiwan chip giant TSMC, C.C. Wei, apologized for the death of a construction worker at one of its new factories in Chiayi County. It punctuated an otherwise optimistic meeting, where Wei promised that record revenue and profits lay ahead, despite concerns about U.S. tariffs and exchange rate fluctuations.
Category
🗞
NewsTranscript
00:00C.C. Wei, chair and CEO of Taiwan chip giant TSMC, showing a bit of humanity, as he apologized
00:07to the family of a construction worker who died while building one of their new facilities
00:11in Jai County.
00:12This life is $0, and we are also very注重 the police.
00:21It was an emotional touch to an otherwise business-oriented shareholder meeting of the company powering the world's AI boom.
00:43Profits are higher than ever, and Wei says in spite of US tariffs and fluctuations in Taiwan's exchange rate,
00:48for TSMC chips is outpacing supply.
00:51The meeting marks one year since Wei took the reins as both chair and CEO, and his tenure
00:56has seen the company continue to expand abroad in Japan, Germany and the US.
01:00But Wei also denied reports that the company is planning to build facilities in the Middle
01:04East.
01:05That's as TSMC customer NVIDIA is agreeing to large deals to build data centers in the region.
01:11But with concerns over workplace safety leading to protests outside the meeting, Taiwan's largest
01:15company is no stranger to controversy.
01:17Still, with strong global demand, record profits, and a growing international footprint, executives
01:25here are hoping that's enough to keep shareholders on their side.
01:28Alex Chun and Chris Gorin in Xinju for Taiwan Plus.