TSMC revealed plans for a $15.6 billion investment in a new factory that will be equipped with the foundry's future process nodes. Yang Hung-duen, Taiwan's minister of science and technology, said his ministry is evaluating the feasibility of setting up the site at the Kaohsiung Science Park in southern Taiwan.
This new factory will house TSMC's future 5nm and 3nm process technologies. The Taiwanese foundry aims to break ground for the 5nm lines at the new site in 2017 so it can get everything ready to kick off volume production in 2020 if all goes well.
The report also mentions TSMC intends to construct the production lines for its 3nm node in 2020, with volume production scheduled for 2022.
TSMC has expressed its goal of ultimately moving 5nm and 3nm process technologies to commercial production by 2022, Yang noted.
Yang added the ministry and other government bodies will be helping TSMC carry out the foundry's investment plan for 5nm and beyond.