TSMC mulling to increasing its 2016 capex

Posted on Tuesday, Mar 22 2016 @ 15:58 CET by Thomas De Maesschalck
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Industry sources told DigiTimes that TSMC is planning to raise its 2016 capital expenditure budget. Two months ago, TSMC estimated it would spend $9-10 billion on capex this year, up from $8 billion in 2015.
TSMC has stepped up purchases of fab tools since the first quarter of 2016, said the sources. R&D of the foundry's 7/10nm process technologies has been executed ahead of schedule, while production capacity for its 16nm node technology continues to expand, the sources indicated.

Thus far in 2016, TSMC has disclosed 27 separate purchases of equipment and facilities totaling about NT$44.2 billion (US$1.37 billion), according to company filings with the Taiwan Stock Exchange (TSE).

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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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