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TSMC looks to double down on U.S. chip factories as talks in Europe falter

(www.reuters.com)
437 points adventured | 6 comments | 15 May 21 00:49 UTC | HN request time: 0s | source | bottom
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jimmcslim ◴[15 May 21 01:36 UTC] No.27161489[source]▶
I’m dismayed that Australia isn’t doing more to foster local fabs.
replies(7): >>27161557 #>>27161565 #>>27161632 #>>27161694 #>>27161886 #>>27161941 #>>27162128 #
1. icelancer ◴[15 May 21 01:50 UTC] No.27161557[source]▶
Their massive import/export taxes on anything related to technology basically kills any of those types of ideas, unfortunately.
replies(2): >>27161849 #>>27161887 #
2. mkj ◴[15 May 21 02:45 UTC] No.27161849[source]▶
Looks like semiconductor equipment is zero tariff? https://www.abf.gov.au/importing-exporting-and-manufacturing...
3. jeeeb ◴[15 May 21 02:54 UTC] No.27161887[source]▶
Australia has some of the lowest import / export tariffs in the world. I.E. they’re generally zero or close to.
replies(1): >>27162254 #
4. icelancer ◴[15 May 21 04:05 UTC] No.27162254[source]▶
Tariffs, yes. Taxes, no. Simply comparing the cost of technology-based goods between AUS and USA/CAN - or worse, digital-based items - shows why Australia is not an attractive place for technology companies.
replies(2): >>27162356 #>>27163543 #
5. jeeeb ◴[15 May 21 04:26 UTC] No.27162356{3}[source]▶
I don’t know of any particular taxes on technology goods in Australia. There’s 10% GST but that’s paid by consumers. For companies GST on inputs is all deductible.
6. dannyw ◴[15 May 21 08:49 UTC] No.27163543{3}[source]▶
It's not taxes nor tariffs. It's the fact that we are generally an affluent country with high costs of living and wages, so the market can pay more.