TSMC to build a major cutting-edge research center in Taiwan

TSMC to build a major cutting-edge research center in Taiwan

Taiwanese semiconductor contract manufacturer TSMC has received permission to build a new research center, which is positioned as the Taiwanese version of Bell Labs.

The project of the center, the largest of those that have been implemented in Hsinchu Science Park over the past 20 years, is aimed at developing production processes for the world’s largest chip manufacturer. The focus will be on the development of 3-nm and 2-nm processes for the production of high-quality semiconductors, reports Liberty Times.

The new research center will be able to create 8,000 jobs, while the R&D area of ​​the enterprise will occupy 18.7 of the available 32 hectares. Currently, the TSMC boasts a R&D talent pool of 6,000 people. A new project is planned to be completed next year.

We add that on Thursday (June 4) TSMC shares rose to a monthly maximum of 306 new Taiwan dollars ($ 10.23), having recouped losses over the past week amid fears that the company could suffer from US actions to impose sanctions against Huawei, which is a major client of TSMC. TSMC’s revenue is expected to grow by 14–19% this year, which should be supported by advanced technology and strong demand from customers, including Apple, AMD, NVIDIA, Qualcomm and MediaTek.

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