TSMC to Invest Additional $16 Billion in Advanced Chip Factory
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TSMC, the world's top contract chip maker, said on Friday it would invest an additional T$500 billion ($15.9 billion) in a central Taiwan factory making advanced chips.
Taiwan Semiconductor Manufacturing Co (TSMC) did not give a timeframe for the investment. It said in a statement the Taichung factory had generated T$200 billion in output value last year, accounting for 28 percent of the company's total.
No other details of the project were available. TSMC supplies chips to Apple Inc.
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© Thomson Reuters 2015
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