The plant, dubbed Fab 15, is located in Taichung’s Central Taiwan Science Park. Construction will be divided into four phases, and total investment over the next several years is expected to exceed NT$300 billion ($9.32 billion).
Fab 15 will be TSMC’s third Gigafab, or fab with capacity of more than 100,000 12-inch wafers per month. It will also be TSMC’s second Gigafab equipped for 28-nm technology.
''As capacity in Fab 15 grows, it will create 8,000 high-quality job opportunities, demonstrating TSMC’s dedication to corporate social responsibility,” said TSMC Chairman and CEO Morris Chang, in a statement.