TSMC to Spend $20 Billion on its 3-nm Plant

choi

Samson Ellis , Yuan Gao , and Cindy Wang, TSMC Ready to Spend $20 Billion on its Most Advanced Chip Plant. Bloomberg, Oct 6, 2017.
https://www.bloomberg.com/news/a ... advanced-chip-plant

Quote:

"the 86-year-old Chang said in an interview Friday [Oct 6; by this sentence, Bloomberg indicated how the report came about].

"It's now building a three-nanometer technology plant * * * 'By the time we're through, by the time we've built all the necessary capacity [in that plant], I think we would have spent upwards of $15 billion,' said Chang, who’s calling it quits in June and handing the reins of his $190 billion-plus company to lieutenants Mark Liu and CC Wei. 'That's a conservative estimate. Maybe it's safer to say upwards of $20 billion.'

"[summary underneath the title: 'Apple's main chipmaker says a Chinese threat remains distant'] * * * It'll [China will] take years however for Chinese players to even begin to approach TSMC's technical acumen, in part because no one's willing to sell the requisite technology [Chang did not explain why: export control of semiconductor equipment?], says the man dubbed the father of the modern foundry.

"TSMC's shares have surged 24 percent this year thanks to projected demand for Apple's new iPhones and other products. That helped make Chang a billionaire [Venus Feng, Apple’s Secret New iPhone Just Made This 86-Year-Old a Billionaire. Bloomberg, July 12, 2017], according to the Bloomberg Billionaires Index. He owned 0.48 percent of the business directly as of the end of August, according to stock exchange filings.

My comment: There is no need to read the rest.