During the company's fourth quarter earnings call, Taiwanese foundry TSMC said it will reveal more details about its N3 process node at the TSMC North America Technology Symposium on April 29th. TSMC's 3nm process is expected to enter production in 2022 at the earliest. The foundry believes that at the time of introduction, its N3 node will be the industry's most advanced foundry technology:
Finally, I'll talk about our N3 status. We are working with customers on N3 design and the technology development progress is going well. We’ve many technology options in development and we carefully evaluate all the different approaches. Our decision is based on technology maturity, performance and cost.
Our N3 will offer another full node scaling benefit in terms of performance, power and density as compared with our N5 technology. We expect our 3-nanometer technology will be the most advanced foundry technology in both PPA and transistor technology when it's introduced. We will announce more details about our N3 technology at our TSMC North America Technology Symposium on April 29. Thank you for your attention.