TSMC continues to expand capacity with Tainan factory purchase

Taipei,  Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest contract chipmaker, announced Thursday it has spent NT$860 million (US$28.89 million) purchasing a factory in the Southern Taiwan Science Park in Tainan.

The plant has 43,404 square-meters of floor space and was originally owned by E-Ton Solar Tech. It is TSMC’s second purchase of a factory complex in the science park over the past two weeks as it prepares to expand production capacity.

TSMC purchased a factory with 178,664 square-meters of floor space from Optimax Technology Corporation for NT$3.65 billion on Aug. 12.

TSMC has spent NT$ 5.1 billion so far this year buying factories in the Southern Taiwan Science Park as the chipmaker continues to boost production and develop advanced processes.

The 5 nanometer process is the latest technology for which TSMC has launched mass production. Currently, TSMC is working on 3nm chips, which are expected to start commercial production in the science park in 2022, and also on the more advanced 2nm process.

Due to strong demand for 5G applications and high performance computing (HPC) devices, TSMC said in mid-July that it would increase its capital expenditure budget for 2020 by US$1 billion, to between US$16-17 billion.

 

Source: Focus Taiwan News Channel

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