TSMC plans to buy land from Powerchip Technology

Posted on Wednesday, December 29 2010 @ 5:30 CET by Thomas De Maesschalck

EE Times writes TSMC is in talks to buy land and buildings from DRAM maker Powerchip Technology Corp.

TSMC wants to buy the land and buildings in Hsinchu, Taiwan to expand its operations, according to the report.

Silicon foundry giant TSMC plans to raise its R&D spending by nearly 39 percent to NT$50 billion (about $1.68 billion) in 2011, according to reports.

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Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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