TSMC approves capex spending at board meeting

August 15, 2012 — At its meeting of the Board of Directors, semiconductor foundry TSMC (NYSE:TSM) approved its semi-annual financial statements for the first half of 2012.

The Board also approved capital appropriations of $2,407.80 million to expand and upgrade advanced technology capacity, and capital appropriations of approximately $378.73 million to construct a semiconductor fab building and install facility systems.

Also read: TSMC takes 5% stake in ASML, joining Intel

TSMC provides advanced semiconductor foundry services provider to fabless companies and IDMs. Learn more at www.tsmc.com.


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