TSMC bolsters semiconductor market

PRODUCTION BOOST:The company is planning to invest about NT$550 billion in the Central Taiwan Science Park over the next two years to fill orders for its major clients

Taipei Times
Date: Jan 02, 2017
By: Staff writer, with CNA

Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) contributed the most to the market capitalization growth of Taiwanese semiconductor shares last year, Taiwan Stock Exchange (TWSE) data showed.

The local bourse closed trading for the year on Friday last week with the cap of total semiconductor shares in the market having increased by NT$1.02 trillion (US$31.6 billion) to about NT$7 trillion last year, up 17.4 percent from 2015, the data showed.

TSMC, the world’s largest contract chipmaker, last year posted a market cap increase of NT$998.3 billion, up 26.92 percent from the previous year and making it the biggest contributor to the NT$7 trillion market capitalization of the sector.

The Hsinchu-based company last year registered a market capitalization of NT$4.7 trillion, accounting for 67 percent of the sector’s total.    [FULL  STORY]

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