( MENAFN - AsiaNet News) Taiwan Semiconductor Manufacturing Co (TSMC) is expected to address the US government's "50-50" semiconductor production proposal during its upcoming investor conference on Oct. 16, an industry expert said Saturday. According to a report by Focus Taiwan, Liu Pei-chen, a researcher at the Taiwan Institute of Economic Research (TIER), told CNA that US Commerce Secretary Howard Lutnick's remarks about achieving a 50-50 production split between Taiwan and the United States have drawn significant market attention and raised concerns among investors. "If the idea is realised, TSMC could be pushed to move more of its advanced chip production to the United States, which would inevitably affect its investment plans in Taiwan," Liu said."If TSMC's production here contracts, Taiwan's semiconductor development will be impacted. This deserves a careful response."