SOARING:Fixed investments by the company in the first half of the year totaled NT$207.7 billion, up 85.9 percent from a year earlier, government data showed

Taipei Times
Date: Sep 18, 2017
By: Staff writer, with CNA

Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the world’s largest contract chipmaker, invested more in fixed assets in the first half of this year than any other manufacturer listed on the local stock market, the Ministry of Economic Affairs said on Friday.

Data compiled by the ministry showed that fixed investments by TSMC during the six-month period totaled NT$207.7 billion (US$6.91 billion), up 85.9 percent from a year earlier, as the company invested heavily to develop high-end technology processes.

TSMC’s latest technology, the advanced 10-nanometer process, entered commercial production in the fourth quarter of last year, and shipments of its products using the 10-nanometer process are expected to account for 10 percent of its sales in the third quarter, up from 1 percent in the second quarter.

The company is also developing 7-nanometer, 5-nanometer and 3-nanometer processes in a bid to maintain its lead in the global semiconductor market.
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