TSMC to invest $5B in Fab 12 update

Following yesterday’s news reports that semiconductor manufacturing foundry, Taiwan Semiconductor Manufacturing Co (TSMC) along with fellow Taiwan-based chipmakers, Powerchip Semiconductor Corp and specialty IC foundry Vanguard International Semiconductor Corp, were planning to build 5 new semiconductor manufacturing plants for $14.7 billion, TSMC’s director of brand management, Chuck Byers, who attended the ceremony in Taiwan, around which the announcement was made, clarified the company’s plans.

“What TSMC commented on yesterday was a $5 billion addition to phase IV and V of Fab 12 that will serve as the company’s R&D Fab for the next six years, working on process technology development for the 32nm, 22nm, and 15nm nodes,” he said.