Friday, December 13, 2002
Conflicting reports are emerging from Asia, questioning the status of Taiwan Semiconductor Manufacturing Co. Ltd’s application to build an 8-inch fab in China.
Reuters today claimed the Taiwanese government has temporarily delayed TSMC’s plans until it receives more information from the company. However, a later report from Digitimes.com claims that Taiwan’s Ministry of Economic Affairs today issued a statement denying such an attempt to delay TSMC’s application review or investment plans.
The top foundry applied for the plant in August, planning to build an 8-inch fab in Shanghai’s Songjiang Science Park at a total cost of about $898 million. Its 12-inch fab would remain in Taiwan. Until March, the Taiwanese government had a ban on Taiwanese companies setting up 8-inch fabs in China.
“We have not slowed our plans for investment in China,” said Chuck Byers, TSMC’s director of worldwide brand management. “We’re still waiting for final approval from the [Taiwanese] government.”
Byers said it was hard to say if there was delay, but confirmed the company had not been asked to slow its investment plans.
By: DocMemory
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