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Vincent Padois, head tutor at the Pierre and Marie Curie University who teaches robotics and is babysitting the Paris ICub, makes a demonstration with ICub robot, a ?hybrid embodied cognitive system for a humanoid robot" about 1 metre (3.2 feet) high, at the Pierre and Marie Curie University in Paris September 4, 2009. Six versions of ICub exist in laboratories across Europe, where scientists are painstakingly tweaking its electronic brain to make it capable of learning, just like a human child and hoping it will learn how to adapt its behaviour to changing circumstances, offering new insights into the development of human consciousness.   REUTERS/Philippe Wojazer

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    TSMC, others start work on $14.7 billion chip complex

    TAIPEI
    Tue Mar 11, 2008 8:12am EDT

    Stocks

       
    Rick Tsai, Taiwan Semiconductor Manufacturing Company (TSMC) chief executive officer, speaks during an investor conference in Taipei January 25, 2007. TSMC and two other Taiwan chip makers began work on Tuesday on new plants for a T$450 billion ($14.7 billion) complex that TSMC said is part of a long-term commitment to investing in the island. REUTERS/Richard Chung

    TAIPEI (Reuters) - Top contract chip maker TSMC (2330.TW) and two other Taiwan chip makers began work on Tuesday on new plants for a T$450 billion ($14.7 billion) complex that TSMC said is part of a long-term commitment to investing in the island.

    Technology

    Taiwan Semiconductor Manufacturing Co Ltd's (TSMC) (TSM.N) facility at the Hsinchu Science Park will include an advanced 12-inch wafer plant to make chips for computers and a wide range of consumer gadgets.

    "We will have both R&D and manufacturing in the new plants," said J.H. Tzeng, a TSMC spokesman, although he declined to give his own company's investment figure.

    The Hsinchu Science Park said in a statement on Tuesday that TSMC, Powerchip Semiconductor (5346.TWO) and Vanguard (5347.TWO) were investing a total T$450 billion to build new plants, creating eventual production value of T$300 billion annually.

    The three companies conducted a joint ground-breaking ceremony.

    On Tuesday, TSMC shares rose 2 percent, Powerchip shares fell 1.2 percent and Vanguard shares gained 0.5 percent, while the main TAIEX share index jumped 1 percent.

    ($1=30.58 Taiwan Dollar)

    (Reporting by Baker Li; Editing by Edmund Klamann)



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