TSMC highlights of 4.91 billion dollars to increase production capacity

The Board of Directors of the company Taiwan Semiconductor Manufacturing Company (TSMC), the largest contract manufacturer of semiconductor products, has approved the allocation of funds for capacity expansion. Approximately of 4.91 billion dollars will be spent on manufacturing of products using advanced technological standards, research and development, modernization of capacities for packaging chips and other capital investments in the first quarter of 2017.

According to the forecast of the analytical company IC Insights, company TSMC according to the results of 2016 will take 58% of the market of contract manufacturing of semiconductor products. TSMC’s revenue is projected at the level of 28.57 billion dollars. This was 8% more than in 2015.

Source: Digitimes

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