TSMC: Decided to increase production of in-vehicle semiconductors: Nanjing Factory, China (Fab16)

TSMC: Decided to increase production of in-vehicle semiconductors: Nanjing Factory, China (Fab16)

-Board of Directors Meeting held on April 22-

TSMC:

The company announced that it has approved “to invest $ 2,887 million in capital investment in the maturation process” to increase production of in-vehicle semiconductors.

Taiwan Media:

TSMC explained that it is investing in expanding the production capacity of 28nm process products for automobiles at its Nanjing plant (Fab16) in Nanjing, China.

Nanjing Factory, China (Fab16):

Production capacity will be expanded in the second half of 2022.

By the middle of 2023, the monthly production will be 40,000.

Taiwan’s serious water shortage:

Taiwan is suffering from a serious water shortage.

Rumors were widespread within the industry that TSMC would move part of its production to the Nanjing plant.

TSMC denied this investment.

This case is not a new fab, but an effective use of existing fabs.

Nanjing factory clean room:

Among the existing factories, “only the Nanjing factory has empty space in the clean room.”

Here, we decided that it would be the fastest to build a system to increase production of in-vehicle semiconductors.

New fab in Nanjing:

Eventually, “if demand increases further, there is a possibility of establishing a new fab in Nanjing.”

TECH +

https://news.mynavi.jp/article/20210423-1877626/

TSMC Special Board of Directors Meeting Resolutions Hsinchu, Taiwan, R.O.C., April 22, 2021 – TSMC (TWSE: 2330, NYSE: TSM)

today held a special meeting of the Board of Directors, which passed the following resolutions:

1. To attract and retain corporate executives and to link their compensation with shareholders’ interests and ESG achievements, the board approved the issuance of no more than 2,600,000 common shares of employee restricted stock awards (RSAs) for the year 2021, which will be submitted to the 2021 Annual Shareholders’ Meeting for approval.

2. Approved capital appropriation of US$2,887.0 million (approximately NT$79,392.5 million) for the purpose of installing mature technology capacity.

https://pr.tsmc.com/system/files/newspdf/attachment/b10e95891978e3ef06e6705ef243925763c6d957/0422%20special%20board%20meeting%20%28E%29_final_wmn.pdf