Main Taiwan laptop chip maker Taiwan Semiconductor Manufacturing Co. says it plans to speculate $100 billion within the subsequent three years in increasing its manufacturing capability and supporting analysis and improvement
TAIPEI, Taiwan — Main Taiwan laptop chip maker Taiwan Semiconductor Manufacturing Co. plans to speculate $100 billion within the subsequent three years in increasing its manufacturing capability and supporting analysis and improvement, the corporate stated Thursday.
The world’s largest contract producer of semiconductors, TSMC stated it anticipates quicker development due to long-term developments just like the introduction of next-generation telecommunications and high-performance computing. The coronavirus pandemic, in the meantime is revving up demand for digital units because the world depends more and more on digitalization.
“TSMC is working intently with our prospects to handle their wants in a sustainable method,” the corporate stated in an emailed assertion. It didn’t give additional particulars about deliberate investments.
TSMC makes processor chips for main manufacturers like Apple Inc. and Qualcomm Inc. Surging demand pushed its income 18% larger in January-February from a yr earlier, it reported earlier.
Intel, South Korea’s Samsung Electronics and different chip makers even have been boosting investments to fulfill rising demand and joust for market share in superior semiconductors.
Most semiconductors utilized in smartphones, medical tools, computer systems and different merchandise are made in Taiwan, South Korea and China.
Final week, Intel introduced plans to pour $20 billion into increasing manufacturing, constructing two new factories in Arizona. The corporate is increase its foundry enterprise however lags behind TSMC in growing a next-generation chip-making course of.
TSMC operates a semiconductor wafer fabrication facility in Camas, Washington, and design facilities in San Jose, California, and Austin, Texas.
It has introduced plans to speculate $3.5 billion in a second U.S. manufacturing website, in North Phoenix, Arizona, as concern grows over heavy American reliance on sources in Asia for high-tech parts.