It cited Alice Cheng, an executive at the science park administration, as saying that most companies there have backup systems in the event of power failure.
The operations of TSMC, whose clients include Apple Inc and Qualcomm Inc, are being closely watched by its customers and investors due to a global shortage of chips for everything from cars to washing machines.
In a Jan. 19 letter to Deese first reported by Reuters, the United Auto Workers union and auto trade groups asked the Biden administration to consider "urging major silicon wafer foundries to ramp up production of automotive grade wafers."
Taiwan's economy grew at its fastest pace in almost a decade in the fourth quarter after contracting earlier last year. For 2020, initial GDP growth was put at 2.98%, higher than China's 2.3% rise last year..
"I see how busy they are. I think there's an opportunity for it to exceed 4%," she said.
The US also added SMIC and other Chinese companies to a blacklist of alleged Chinese military companies this month, a move that will prevent US investors from buying the firms' securities from late next year.