Taiwan Semiconductor Manufacturing Co has confirmed it is hiring in R&D and has stated approximately $162 million in machinery spending.

Separately, TSMC today filed several statements with the Taiwan Stock Exchange announcing the acquisition of assets. The filings focus on machinery equipment and note companies including Applied Materials, ASML, and KLA-Tencor, but do not specifically state what machinery is being acquired or what the machinery will be used for.

Further, while the hiring news does follow a recently announced 200 employee reduction at TSMC, it, as well as the company's machinery purchasing filings, follows on TSMC's March sales report, which beat expectations. In March, TSMC's net sales were approximately $402 million, a decrease of 48.7% from March 2008 sales but an increase of 18.4% from February 2009 sales.

The company also raised its revenue estimates for Q1 in March on quick orders, primarily from mainland China market. TSMC is slated to report on its Q1 on April 30.

By: Docmemory
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