TSMC raises capex to record $8.5 billion, pulls in 20-nm

Peter Clarke, EETimes
(4/26/2012 12:23 PM EDT)

LONDON – Taiwan Semiconductor Manufacturing Co. Ltd. has raised its planned capital expenditure for 2012 to between $8 billion and $8.5 billion. The move accompanied the announcement of first quarter financial results and strong second quarter outlook by the foundry.

TSMC (Hsinchu, Taiwan) said that it needed to increase capex because of stronger than expected demand for 28-nm wafers and because it has decided to "pull in" the creation of a 20-nm R&D process line.

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