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No timetable for 12-inch wafer plant in China: TSMC

No timetable for 12-inch wafer plant in China: TSMC

Taipei, Oct. 19 (CNA) Taiwan Semiconductor Manufacturing Co. (TSMC, ???), the world's largest contract chip maker, rebutted a press report Monday that the company has decided to set up a 12-inch silicon wafer plant in the Chinese city of Nanjing. The chip manufacturer, a supplier for Apple Inc., is still evaluating an investment project in China and has not finalized it, TSMC acting spokeswoman Elizabeth Sun (???) said, adding that her company will make a formal announcement when a decision has been made. The Chinese-language Economic Daily News reported that day that TSMC had finalized its investment project to build a plant for the manufacture of 12-inch wafers in China on 16-nanometer process technology, which will begin construction by the end of this year or early next year. The new production plant in Nanjing is expected to begin operations in 2018 and to receive orders directly from customers in China, according to the newspaper. In the third quarter of 2015, TSMC's shipments of 16-nanometer and 20-nanometer process chips accounted for 21 percent of its total wafer revenues, and 28-nanometer process chips accounted for 27 percent of the total wafer revenues. TSMC Chief Financial Officer Lora Ho (???) said at an investors' conference on Oct. 15 that the company's 2015 capital expenditure is expected to be US$8 billion, a significant reduction compared with the range of between US$10.5 billion and US$11 billion it set in April. Ho attributed the relatively low capital expenditure for this year to a combination of factors, including efficiency gains, capital investment program changes, capital deployment schedule changes and foreign exchange rate changes. (By Jalen Chung and Jeffrey Wu)


Updated : 2021-09-23 20:57 GMT+08:00