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TSMC ready to spend US$20b on its most advanced chip plant

Founder says it's the price for staying ahead in cutting-edge semiconductor production

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Mr Chang is retiring in June and handing the reins of his US$190 billion-plus company to lieutenants Mark Liu and CC Wei.

Taipei

IT'S GETTING more expensive for Taiwan Semiconductor Manufacturing Co to stay at the top of its game.

The biggest contract maker of chips is preparing to spend more than US$20 billion on its next state-of-the-art plant as it's built over the next few years: the price for...

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