NVIDIA Plans to Relocate Logistics Hub from Hong Kong to Taiwan

According to comments made by Minister of Economic Affairs Wang Mei-Hua on Wednesdaygraphic chip designer NVIDIA CORPORATE has plans to move its logistics center which is currently located in Hong Kong on Taiwan. Wang said in an interview with Central News Agency that the government and NVIDIA have been talking since last year about tax incentives to encourage the transfer and that the two parties have established an understanding of their positions.

Wang did not disclose any specific information on the schedule for the transfer or the proposed tax arrangements for NVIDIA. It is not known whether the relocated logistics center will be involved in shipping finished goods or components to NVIDIA’s associated operations.

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According to the minister, NVIDIA’s decision shows that global technology companies do not stop choosing Taiwan as an investment destination despite the difficulties that exist throughout the region. The installation of manufacturing facilities using extreme ultraviolet (EUV) US semiconductor manufacturer’s lithography equipment Micronsthe introduction of production facilities using EUV lithography equipment at the Dutch semiconductor equipment maker ASMLand the opening of NVIDIA’s artificial intelligence (AI) research and development center are just a few notable moments.

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In response to questions about whether TSMC’s investment in United States to make chips using 3-nanometer and 5-nanometer The technologies may cause Taiwan to lose its position in the industrial market, he said Japan created when domestic technology companies expanded overseas, Wang stated that Taiwan is not like Japan. On Taiwan’s relationship with the US he said:

Taiwan does not directly compete with the US, but the countries cooperate with each other. Taiwanese companies are good at providing chip manufacturing services, while US companies specialize in chip design.

TSMC is strengthening US capacity to supply customers with locally made chips. Most importantly TSMC is committed to investing in the most advanced chips in Taiwan.

-Wang

The decision comes after NVIDIA’s CEO visited Taiwan a month ago. According to Taiwanese sources, Jensen Huang recently traveled to Taiwan to confirm that TSMC will manufacture their next-generation GPUs using 3nm technology. In addition, he visited senior officials in Taiwan to discuss NVIDIA’s expansion in Taiwan as well as future policies.

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Source: Times of Taipei

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