Chairman more concerned about Samsung than about Chinese competitors
Taiwan News
Date: 2017/10/08
By: Matthew Strong, Taiwan News, Staff Writer
TAIPEI (Taiwan News) – Taiwan Semiconductor Manufacturing Corporation (台積電)
TSMC Chairman Morris Chang. (By Central News Agency)
wants to invest US$20 billion (NT$607 billion) in its advanced 3-nano fab which as recently announced it plans to build in Tainan, company founder and chairman Morris Chang (張忠謀) said.
There had been reports that TSMC, the largest contract chip manufacturer in the world, had been considering the United States as the location for its most sophisticated chip factory, but it announced last month it had picked a science park in Tainan instead.
Chang told the Bloomberg news service that the project, once fully operational, would require at least US$15 billion (NT$455 billion) as a conservative estimate, but to be on the safe side, TSMC could invest up to US$20 billion. [FULL STORY]
