Taipei, May. 15, 2019 –
The board of Taiwan Semiconductor Manufacturing Company (TSMC) has approved capital appropriations of US$3.98 billion for the purpose of upgrading and expanding capacity for advanced-node manufacturing, as well as the conversion of certain logic capacity to specialty technologies, and R&D capital investments and sustaining capital expenditures for third-quarter 2019.
TSMC's board also approved capital appropriation of approximately US$115.1 million for capitalized leased assets in the second half of 2019, according to the pure-play foundry.
TSMC disclosed previously its planned capex this year remains unchanged at between US$10 billion and US$11 billion. About 80% of the capex will be allocated for advanced 7nm, 5nm and 3nm process technologies.
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