EE Times reports TSMC has held a groundbreaking ceremony for the sixth-phase construction at its Fab 14 gigafab at the South Taiwan Science Park in Tainan, Taiwan. The new fab is anticipated to produce the foundry's first 16nm FinFET chips in 2014.
Building of the sixth-phase module is being commenced only seven months after TSMC (Hsinchu, Taiwan) broke ground on phase-five.
Building work for phase six of the Fab 14 gigafab is not due to start until 2013 as part of a $17 billion capacity expansion scheduled for the next five years, according to a Taipei Times report.
"The factory will be the world's first 12-inch factory producing 20-nanometer system-on-chips and the first 16-nanometer FinFET chip manufacturing site for TSMC," the report quoted TSMC co-chief operating officer Chiang Shang-yi, as saying.