Chipmaker TSMC says construction on its most advanced semiconductor fab yet is set to begin by the end of the year. The company also plans to build eight other new factories this year, including five in the southern city of Kaohsiung.
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00:00TSMC says it will start building its most advanced semiconductor fab yet by the end of the year.
00:06The factory in central Taiwan's Taichung will produce chips more advanced
00:10than those made with the current 2-nanometer process by around 2028.
00:16The announcement comes as TSMC says they also plan to start building eight other new factories this year,
00:22including five in the southern city of Kaohsiung.
00:24The announcement marks a significant increase in production capacity
00:28with an average of five new factories built each year between 2021 and 2024.