DigiTimes reports TSMC's board approved a $4 billion investment in the upgrading and expanding of advanced node process capacity.
The board of Taiwan Semiconductor Manufacturing Company (TSMC) has approved capital appropriations of US$3.98 billion for the purpose of upgrading and expanding capacity for advanced-node manufacturing, as well as the conversion of certain logic capacity to specialty technologies, and R&D capital investments and sustaining capital expenditures for third-quarter 2019.
TSMC's board also approved capital appropriation of approximately US$115.1 million for capitalized leased assets in the second half of 2019, according to the pure-play foundry.
TSMC's total capex for this year will remain unchanged at between $10 billion and $11 billion. About 80 percent of the firm's capex will be dedicated to 7nm, 5nm, and 3nm process technology.