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TSMC, the world's largest semiconductor chip giant, will invest in xi 'an to help the city catch up.

As a Korean saying goes, if you want to see Chinese culture for thousands of years, you should come to xi 'an. If you want to see China's future, you should come to xi 'an. In 2019, China's development officially entered the metropolitan era. There are 16 developmental metropolitan circles. Except that the capital metropolitan circle includes two central cities, Beijing and tianjin, the remaining metropolitan circles are all single central cities. Xi 'an, wuhan, chongqing and chengdu rank second only to the Yangtze river delta, the pearl river delta and the capital metropolitan circle in the score of metropolitan circle connection strength.

TSMC is the exclusive supplier of the core processor for the iPhone, as well as the contract chipmaker for Qualcomm, Nvidia, NXP, Broadcom, mediatek and huawei's hsi semiconductor, which is regarded as an important leading indicator of the boom and slump of the global electronics industry.

In the past two years, especially in the east, the cost is rising rapidly, but shaanxi, especially xi 'an, has a big advantage in cost. For example, the cost of water and electricity is about 30% lower than that in the east, and the labor cost is about 40% lower. In addition, for foreign-funded enterprises, xi 'an university ranks third in the country after Beijing and Shanghai, with nearly 300,000 college graduates each year, which can provide sufficient talents.

From the perspective of chip market, the investment of samsung semiconductor memory chip in xi 'an phase ii project also has a far-reaching impact on China's semiconductor industry.

China is the world's largest consumer market for chips and is home to the world's leading mobile phone and IT manufacturers. But statistics from the China semiconductor industry association (CSIA) show that China's demand for integrated circuit products reached 1.40 trillion yuan in 2017, and the domestic self-sufficiency rate was only 38.7 percent. In the same year, China imported more than 260 billion us dollars of integrated circuits, which has replaced crude oil as China's largest import.

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