TSMC announces US$100bn plan for R&D and expansionBy Lisa Wang / Staff reporterTaiwan Semiconductor Manufacturing Co (TSMC, 台積電) plans to invest about US$100 billion to expand capacity and fund research and development (R&D) of advanced technologies in the next three years to keep up with rising demand, it said yesterday. TSMC unveiled the rare multiyear investment plan to appease customer panic over a global chip shortage. A man walks past the company logo of Taiwan Semiconductor Manufacturing Co, the world’s largest semiconductor maker, in Hsinchu on Jan. 29. Photo: Sam Yeh, AFPIn addition, the COVID-19 pandemic has accelerated digitalization, which also drives semiconductor demand, the chipmaker said in the statement. “TSMC will be building greenfield [new] fabs and expanding existing fabs for both leading-edge and specialty technologies,” Wei said.

Source: Taipei Times April 01, 2021 15:56 UTC