TSMC Board Approves Expansion of 45 Nanometer Capacity
TSMC’s Vice President and Chief Financial Officer, Ms. Lora Ho, said other major conclusions of the Board meeting were as follows:
1. Approved a proposal setting the number of directors of TSMC’s Board of Directors at eight.
2. Approved a capital increase to reflect the issuance of 3,271,373 new TSMC common shares as a result of employees exercising their stock options, and set May 15, 2007 as the record date for the capital increase.
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