View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
July 16, 1998


By CBR Staff Writer

Despite having seen a 12.5% drop in sales to June (CI No 3,450), Taiwan Semiconductor Manufacturing Co Ltd plans to increase its production capacity – while reducing its spending on plants. Taiwan Semi is confident it will see an overall increase in sales over last year, reports the Nikkei Microdevices publication. While it will reduce investments in its plants from its current $1.3bn-$1.4bn, to $900m this year, it plans to increase production capacity by 25%, and is plowing ahead with plans to open new plants across Asia. The company is soon to commence construction of a plant, called Fab 7 which, upon completion, will make 300mm wafers. It plans to start installing equipment in the fourth quarter of next year and will start mass production in 2001. There are also plans to change production runs in the company’s existing plants. An existing plant is also to start fabricating 300mm wafers. The company that claims to be the world’s largest foundry manufacturer, has been suffering from the Asian economic crash and a decline in chip demand.

Content from our partners
Rethinking cloud: challenging assumptions, learning lessons
DTX Manchester welcomes leading tech talent from across the region and beyond
The hidden complexities of deploying AI in your business

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.