Online information source for semiconductor professionals

TSMC increases capital spending to US$2.3 billion

30 July 2009 | By Mark Osborne | News > Fab Management

Popular articles

Oberai discusses Magma’s move into solar PV yield management space - 29 August 2008

‚??Velocity‚?? the new buzzword in Intel‚??s PQS annual awards - 12 April 2012

Applied Materials adds Jim Rogers to Board of Directors - 29 April 2008

TSMC honors suppliers at annual Supply Chain Management Forum - 03 December 2008

Sematech Litho Forum: Sematech mulling multi-beam mask writer effort - 12 May 2010

As expected, TSMC saw demand rebound strongly in the second quarter of 2009. The foundry said that revenue increased by 87.9%, compared to the first quarter and an increase of 1467.9% in net income and an increase of 1466.5% in diluted EPS. TSMC expects further growth into the third quarter on the back of new product introductions and continued restocking by customers, particularly from fabless companies, according to the company.

"Due to improved demand outlook for 2010 and a more aggressive technology strategy, TSMC 2009 capital expenditure is expected to be above both the 2008 expenditure of US$1.9 billion and the previously guided US$1.5 billion, and is expected to be around US$2.3 billion," noted Lora Ho, VP and Chief Financial Officer of TSMC.

TSMC noted that revenue from 45/40nm exceeded 1% of total wafer sales in 2Q09, with wafer shipments tripling those of 1Q. Its 65nm and 90nm technology amounted to 28% and 23% respectively of total wafer sales.

Capital expenditures for TSMC were US$224 million in 2Q09, up from US$166 million in 1Q09. This means that TSMC will be spending approximately US$1.9 billion on capital equipment during the second-half of 2009.

Related articles

‚??Billion-Dollar Club‚?? members depleted - 07 August 2009

TSMC sets capital expenditure at a massive US$7.8 billion - 27 January 2011

TSMC ponders 20 percent cut in capex for 2009 - 30 October 2008

TSMC pushes capital spending to US$1.9 billion - 19 June 2009

TSMC raises CapEx to US$2.7 billion on strong demand for advanced nodes - 29 October 2009

Reader comments

No comments yet!

Post your comment

Name:
Email:
Please enter the word you see in the image below: