TSMC to Build New Semiconductor Factory in Southern Taiwan

Started Construction in 2022
Mass Production Targeted for 2024

[Image source=Reuters Yonhap News]

[Asia Economy Reporter Kwon Jae-hee] Taiwan's TSMC, the world's largest foundry (semiconductor contract manufacturer), is building a new semiconductor factory in the southern region of Taiwan.

According to Yonhap News and Liberty Times on the 10th, TSMC announced the day before that it will establish 7-nanometer (nm = one billionth of a meter) and 28-nanometer wafer factories in the southern Kaohsiung area.

TSMC explained that construction of the factory will begin next year, with mass production starting in 2024.

Taiwanese media reported that six wafer factories will be built on the site of the former Kaohsiung refinery owned by the state-owned oil company CPC (Chinese Petroleum Corporation).

Meanwhile, TSMC, together with Sony, established a subsidiary (JASM) in Kumamoto Prefecture, Japan, and plans to start building 22-nanometer and 28-nanometer semiconductor factories in the area from next year, aiming to begin mass production before the end of 2024.

They added that TSMC and Sony will invest $7 billion (approximately 8.2579 trillion KRW) and $500 million (approximately 589.8 billion KRW), respectively.

As a result, about 1,500 jobs are expected to be created, and production capacity is projected to reach 45,000 12-inch wafers per month.

This content was produced with the assistance of AI translation services.