TSMC to invest $16 billion in advanced chip plants

Posted on Monday, February 09 2015 @ 15:02 CET by Thomas De Maesschalck

The story is a bit light on details but Reuters heard late last week that TSMC is planning to invest roughly US$16 billion in advanced chip manufacturing capacity in central Taiwan.

Taiwan Semiconductor Manufacturing Co (TSMC) did not give a timeframe for the investment. It said in a statement the Taichung factory had generated T$200 billion in output value last year, accounting for 28 percent of the company's total.

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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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