Asia Express - East Asian ICT
TSMC Approves US$1.65 Bln Spending on Capacity Expansion, New Fab
May 22, 2010
The board of Taiwanese semiconductor foundry TSMC approved on May 11 a total spending of around US$1.65 billion on capacity expansion and the establishment of a new fab, Taiwan's Economic Daily News reported. According to the resolution of the board, approximately US$1.05 billion will be spent on production capacity expansion at TSMC's Fab 12 and Fab 14, both 12-inch wafer plants. Around US$385 million will be used to upgrade and expand the company's 8-inch wafer capacity. At the same time, an investment of US$210 million has been approved for the construction of a new 12-inch wafer plant, Fab 15, in central Taiwan. Fab 15 is expected to become an important production base of 40nm and 28nm wafers for TSMC.