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TSMC: Need To Further Increase Business in China

By Korbin Lan
Published: Dec 07,2015

TSMC said that the company's compound annual growth rate in China is more than 50%., TSMC decided to go to mainland China to set up a 12-inch fab and design center.

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The total amount of the entire project is approximately US $ 3.0 billion, including the value of the machine equipment from Taiwan's existing fabs, as well as the mainland government preferential policies on the integrated circuit industry.

Thus,TSMC's net investment will be lower than US $ 3.0 billion.

In addition, the current TSMC's building plan is to recruit about 1,200 people and 500 people for wafer fab and design center.

In the early stage, TSMC will send workers from Taiwan headquarters and Shanghai Songjiang plant to assist the construction work of new fab. And to recruit local staff in accordance with the construction process.

Before the plant starts production, employees from Taiwan is going to be accounted for more than 50%.

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