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TSMC Could Increase Capex Spending – Commercial Times

Its three-year investment plan of $100 billion may also be raised to $112 billion as it expands capacity in Taiwan, Japan, China and the US


A logo of Taiwan Semiconductor Manufacturing Co (TSMC) is seen at its headquarters in Hsinchu
A logo of Taiwan Semiconductor Manufacturing Co (TSMC) is seen at its headquarters in Hsinchu, Taiwan. Photo: Reuters

 

Foundry leader Taiwan Semiconductor Manufacturing Company’s capital spending in 2022 could rise 40% to US$42 billion, Taipei’s Commercial Times reported.

The previously announced three-year investment plan of $100 billion may also be raised to $112 billion as it expands capacity in Taiwan, Japan, China and the US.

Read the full report: Commercial Times.

 

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.