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Business | May 16, 2016
TSMC board approves $4.1 billion capacity expansion
The board of the Taiwanese semiconductor giant have approved capital appropriations of approximately USD 4.1 billion in order to expand capacity.
In a short press release the company states that capital is meant for; installation and expansion of advanced technology capacity, as well as the conversion of certain logic capacity to specialty technology and and R&D capital investments and sustaining capital expenditure.
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