TSMC moving equipment into China

April 20, 2004 – TSMC has begun moving equipment into its new facility in Shanghai, proceeding toward a scheduled production date of 4Q04, contingent upon approval from the Taiwanese government, according to Dow Jones.

Spokesperson Chuck Byers said the equipment is “stuff we’ve shipped over from Taiwan.”

TSMC gained initial approval last year to invest about 6%-7% of the nearly $900 million it had earmarked for the 200mm facility.


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