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TSMC responds to rumors of “suspension of Nanjing factory expansion”: proceed as planned

According to Taiwan media Central News Agency, TSMC responded to the rumor that “the expansion of the Nanjing plant is suspended”, saying that the expansion of the 28-nanometer process at the Nanjing plant will remain unchanged and proceed as planned.

tsmc

According to TSMC’s plan, the newly added 28nm production capacity of the Nanjing plant will be gradually released in the second half of 2022, and will reach a monthly production scale of 40,000 pieces in mid-2023 to meet the increase in structural demand.

The legal person had previously expected that TSMC’s annual revenue would challenge 100 billion U.S. dollars as soon as next year (2023), a year-on-year increase of 28% and a new high, becoming the world’s first pure-play foundry with annual revenue exceeding 100 billion U.S. dollars. manufacturers.

The financial report shows that TSMC’s revenue in November was approximately NT$222.71 billion, a month-on-month increase of 5.9% and a year-on-year increase of 50.2%. In addition, TSMC predicted in a document that its revenue in 2022 will reach approximately US$78 billion (approximately 542.88 billion yuan), a new high, with a year-on-year increase of approximately 30%.

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Stephen Cruise
Stephen Cruisehttps://www.techgoing.com
Stephen Cruise is a senior editor covering latest smartphones, EVs, PC gaming, console, and tech with 11 years of experience.

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