TSMC will set up a PV Cell Factory in Central Taiwan

Taiwan Semiconductor Manufacturing Co. (TSMC) will in partnership with Stion Corp. of the United States to set up a factory in the Central Taiwan Science Park to produce CuInGaSe2-based (CIGS-based) thin-film solar cells.

In this factory, Stion will transfer its CuInGaSe2 (CIGS) PV technology to TSMC in exchange for No.1 pure silicon foundry's pledge to supply it solar cells using the technology.

It is TSMC's second PV investment case since the company has founded a PV and LED manufacturing  to keep its operation lucrative at a time when competition in silicon foundry is growingly intense.

According to TSMC Chairman and CEO Morris Chang , LED and PV are high-profit, high-growth market and will play significant roles in contributing to the company`s revenue over the next five to 10 years.

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