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TSMC looking into green diversification

Posted on Tuesday, May 12 2009 @ 00:41:04 CEST by

EE Times reports TSMC is planning to enter environmental and energy related markets:
TSMC has appointed Chao Ying-cheng, president of its China operation, to lead a business unit to look into green energy, such as production of solar cells. The report quoted Tsai saying TSMC would take a long-term position on the possibilities.

"If you look at the past five to 10 years, growth has slowed down, It is very logical and natural for a company of our size to look for opportunities for extra growth," the report quoted Tsai as saying.



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