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Benzinga
Benzinga
Business
Anusuya Lahiri

TSMC Confirms Chiayi Plant On Track Debunking Rumors

Taiwan Semiconductor Manufacturing Co.

Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) reaffirmed Thursday that construction of its second advanced packaging plant in Chiayi County remains on schedule, countering reports that the project had been suspended and its equipment diverted to the U.S.

Last year, construction began on the Chiayi facility, one of two advanced packaging plants being built at the Southern Taiwan Science Park’s campus in Taibao City, the Taipei Times reported.

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