TSMC Plans to Invest $16 Billion More in Taiwan Site

Alan Patterson, EETimes
2/9/2015 08:55 AM EST

TAIPEI — Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest chip foundry, said in a press statement that it plans to invest an additional NT$500 billion ($15.9 billion) as part of an expansion on the site of an existing fab in Taiwan.

The company provided no more specific timeframe for the expansion other than to say the investment would be over several years, with the amount in each year based on expected demand for capacity.

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