- Reaction score
- 1,678
TAIPEI, Taiwan (AP) — Major Taiwan computer chip maker Taiwan Semiconductor Manufacturing Co. plans to invest $100 billion in the next three years in expanding its manufacturing capacity and supporting research and development, the company said Thursday.
The world’s biggest contract producer of semiconductors, TSMC said it anticipates faster growth thanks to long-term trends like the introduction of next-generation telecommunications and high-performance computing. The coronavirus pandemic, meanwhile is revving up demand for electronic devices as the world relies increasingly on digitalization.
“TSMC is working closely with our customers to address their needs in a sustainable manner,” the company said in an emailed statement. It did not give further details about planned investments.
TSMC makes processor chips for major brands like Apple Inc. and Qualcomm Inc. Surging demand pushed its revenue 18% higher in January-February from a year earlier, it reported earlier.
apnews.com
The world’s biggest contract producer of semiconductors, TSMC said it anticipates faster growth thanks to long-term trends like the introduction of next-generation telecommunications and high-performance computing. The coronavirus pandemic, meanwhile is revving up demand for electronic devices as the world relies increasingly on digitalization.
“TSMC is working closely with our customers to address their needs in a sustainable manner,” the company said in an emailed statement. It did not give further details about planned investments.
TSMC makes processor chips for major brands like Apple Inc. and Qualcomm Inc. Surging demand pushed its revenue 18% higher in January-February from a year earlier, it reported earlier.
Taiwan chip maker TSMC to invest $100B to grow capacity
Major Taiwan computer chip maker Taiwan Semiconductor Manufacturing Co. says it plans to invest $100 billion in the next three years in expanding its manufacturing capacity and supporting research and development.
apnews.com
Last edited by a moderator:
