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© nyul dreamstime.com Business | May 11, 2016

TSMC board approves capacity expansion

The board of Taiwan Semiconductor Manufacturing Company (TSMC) has approved capital appropriations of approximately USD 4.101 billion.
This is to be used to expand capacity for advanced-node manufacturing. Furthermore, the foundry plans to convert certain logic capacity to specialty technologies, as well as provide R&D capital investments and sustaining capital expenditure.

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