TSMC will spend billions on a new plant

sources: theinquirer.net    19/7/2010 16:23:50

TAIWAN SEMICONDUCTOR Manufacturing Company (TSMC), which makes more chips than a Birmingham chip shop on a Friday night, is going to spend $9.4 billion on another plant in Taiwan.

TSMC chairman and CEO Morris Chang showed up at a building site for the groundbreaking ceremony this morning. He said he expects that when the plant has been built there will be 8,000 people working at it within a few years.

Also Digitimes, interviewing a typewriter, 'industry sources', claims that Intel and Micron will build a new NAND flash fab in Singapore.

Construction of the Singapore plant will start by Christmas and the move has sparked concern that chip prices may come under pressure in 2011 when added facilities at major NAND flash suppliers come online.

The fab construction plans have been coming for a long time. Intel and Micron announced plans in late 2006 to construct a 12-inch fab for NAND flash memory in Singapore. The project was postponed due to economic conditions. ?/FONT>