Online information source for semiconductor professionals

TSMC to enter solar and LED manufacturing

11 June 2009 | By Mark Osborne | News > Fab Management

Popular articles

New Product: Applied Materials new EUV reticle etch system provides nanometer-level accuracy - 19 September 2011

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

New Product: ASML Brion‚??s Tachyon MB-SRAF enables OPC-like compute times - 19 September 2011

Dr. Morris Chang will now serve as Chief Executive OfficerThe largest semiconductor foundry, Taiwan Semiconductor Manufacturing Company (TSMC) said it would be targeting revenue from the solar and LED industries, bringing in revenue of US$2 billion per annum by 2018 as the company shuffles senior management to address the ‘green energy’ markets, according to news reports. PV-Tech recently reported rumours that TSMC was contemplating a move into solar.

Dr. Morris Chang will now serve as Chief Executive Officer concurrent with his position as Chairman of the Board effective June 12, 2009. Former CEO, Dr. Rick Tsai is to serve as President of the New Business Development Organization, responsible for moving into the green energy markets, and will be reporting directly to the Chairman and now-CEO Chang.

 “Looking to the future, TSMC needs to develop long-term growth opportunities and this needs the best qualified manager to take charge. Recognizing this, I have asked Dr. Tsai to devote all his energy to this task, and he has accepted the assignment,” commented Chang in a statement announcing the executive role changes.

Related articles

TSMC creates US$50 solar investment fund - 11 August 2009

TSMC starts green energy ventures in earnest with first LED fab construction - 25 March 2010

When demotion is a promotion - 15 June 2009

Tool Order: TSMC places US$20 million equipment order with Mirle Automation - 09 February 2011

TSMC mulls solar foray - 11 May 2009

Reader comments

No comments yet!

Post your comment

Please enter the word you see in the image below: