www.design-reuse-embedded.com
Find Top SoC Solutions
for AI, Automotive, IoT, Security, Audio & Video...

TSMC board approves US$6.5 billion for advanced process, capacity expansion business

digitimes.com, Aug. 14, 2019 – 

The board of Taiwan Semiconductor Manufacturing Company (TSMC) has approved capital appropriations of about US$6.5 billion for the construction of new fab facilities, installation, expansion and upgrade of advanced technology capacity, as well as installation of specialty technology capacity.

TSMC disclosed during an investor conference in July that capex this year will exceed US$11 billion, with the actual figure to be unveiled at its next investors meeting in October.

In addition, TSMC's board also approved the promotion of company deputy CFO Wendell Huang to VP, CFO and spokesperson effective September 1, 2019. Lora Ho, the current TSMC CFO, will be dedicated to supervising the pure-play foundry's Europe and Asia business.

click here to read more...

 Back

Partner with us

List your Products

Suppliers, list and add your products for free.

More about D&R Privacy Policy

© 2024 Design And Reuse

All Rights Reserved.

No portion of this site may be copied, retransmitted, reposted, duplicated or otherwise used without the express written permission of Design And Reuse.