Thursday, June 18, 2009
Silicon foundry giant Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC) plans to boost its capital spending from $1.5 billion to $1.9 billion in 2009, according to a report from the Financial Times.
Morris Chang, chairman of TSMC who recently regained the title of CEO, disclosed the new figure at a technology event in Taiwan.
Amid one of the toughest periods in its illustrious history, TSMC also reiterated that it will continue to invest in R&D despite the downturn.
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