TSMC to invest US$319.6 million for developing new businesses

According to the executive of Taiwan Semiconductor Manufacturing Company (TSMC), TSMC will hire 500-600 staff, mostly R&D-focused engineers, for the construction of a new fab at the Central Taiwan Science Park (CTSP) to produce thin-film solar PV modules, with volume production expected to kick off in 2011.

Recently, for the new businesses, TSMC's board of directors decided to invest US$319.6 million. Construction on the facility began in March, and the equipment move-in for its LED fab at the Hsinchu Science Park on schedule of September.

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