The board of directors of Taiwan Semiconductor Manufacturing Company (TSMC) has approved plans to allocate US$1.65 billion, including US$210 million for construction of a new chip plant, to expand capacity in 2010. The budget will make up more than one-third of the foundry's projected capex for 2010.
TSMC said the board approved a budget of about US$1.05 billion to expand advanced process capacity at Fab 12 and Fab 14, and another US$385 million to expand and upgrade eight-inch wafer fab capacity. The plan to build its third 12-inch fab - Fab 15 - at the Central Taiwan Science Park (CTSP) with US$210 million also received the nod from the board.
TSMC board approves $1.65 billion capacity expansion
Posted on Thursday, May 13 2010 @ 1:19 CEST by Thomas De Maesschalck