Chipmaker Taiwan Semiconductor Manufacturing Company Ltd (TSMC), began mass production of its most advanced chips in southern Taiwan on Thursday and the company's chairman said it would continue to expand capacity on the island.
A logo of Taiwan Semiconductor Manufacturing Co is seen at its headquarters in Hsinchu, Taiwan August 31, 2018. Picture taken August 31, 2018. REUTERS/Tyrone Siu, began mass production of its most advanced chips in southern Taiwan on Thursday and the company's chairman said it would continue to expand capacity on the island.
The long-awaited mass production of chips with 3-nanometre technology comes as attention focuses on the world's largest contract chipmaker's investment plans at home and abroad. TSMC has a dominant position as a maker of advanced chips used in technology from cellphones to fighter jets. "TSMC is maintaining its technology leadership while investing significantly in Taiwan, continuing to invest and prosper with the environment," TSMC Chairman Mark Liu told a ceremony marking the production and capacity expansion in the southern city of Tainan.
Liu said demand for the firm's 3-nanometre chip was "very strong", driven by new technologies including 5G and high-performance computing products. He did not elaborate.to $40 billion, among the largest foreign investments in U.S. history.
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