TSMC is planning on increasing its production footprint in Taiwan, as it plans to build four more chip production facilities valued at $10 billion apiece in Tainan. The new facilities are intended for the manufacture of 3-nanometer chips.
While TSMC has been working to expand production to address the global chip shortage, the expansion is slowly progressing. However, TSMC’s progress in its native land is proceeding at a fast pace. (Via AppleInsider)
The company, which recently completed four new facilities in an industrial park in the city of Tainan, reports Nikkei Asia. The company is starting construction on another four facilities, each of which is expected to cost around $10 billion. The new facilities are part of TSMC’s $120 billion investment program.
All four of the new projects are said to house production lines to make 3-nanometer chips, which will likely include Apple’s SoCs, including Apple Silicon and A-series chips.
TSMC declared on Friday that it intends to shift to 2-nanometer chip mass production by 2025.
TSMC is also building other factories, including an Arizona plant project valued at $12 billion, which is expected to complete construction in March 2023.