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Taiwan's TSMC board agree to NT$136 billion expansion

Aug. 15, 2018 – 

TAIPEI (Taiwan News) – Taiwan Semiconductor Manufacturing Company (TSMC, 台灣積體電路製造公司) will significantly expand its production, with the board of directors approving a capital budget of over NT$136.4 billion (US$4.41 billion).

TSMC said they will build new factories, expand and update existing factories, and the board also approved the appointment of Huang Han-sen (黃漢森) as Deputy General Manager, reported Economic Daily News.

TSMC is the world's largest contract manufacturer of computer chips, and has operations spanning Asia, Europe and North America.

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