Reuters logo
TSMC says approves $568 mln capex to expand advanced tech capacity
May 14, 2014 / 12:50 AM / 3 years ago

TSMC says approves $568 mln capex to expand advanced tech capacity

TAIPEI, May 14 (Reuters) - Taiwan Semiconductor Manufacturing Co., the world’s largest contract chip maker, said its board had approved a capital budget of $568.23 million to establish, convert and upgrade advanced technology capacity.

TSMC’s board also approved $107 million for research and development, the company said in a statement late on Monday, without elaborating. (Reporting by Faith Hung; Editing by Miral Fahmy)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below