TSMC Capex to Exceed $10B in FinFET Ramp-Up

Alan Patterson, EETimes
10/16/2014 09:30 AM EDT

TAIPEI — Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest chip foundry, said Thursday, Oct. 16, that it aims to increase its capital expenditures next year to more than US$10 billion as it accelerates its ramp-up to commercial production of 16 nm FinFET chips.

“Progress is much better than our original plan,” TSMC co-CEO C.C. Wei said at an investor conference to announce the company’s third-quarter 2014 earnings. “Sixteen-nanometer has achieved the best technology and maturity compared to all TSMC’s previous nodes.”

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