General World News

Expansion Plan by World’s Largest Contract Chipmaker Won’t Ease Global Shortage: Experts

Plans by the world’s largest contract chipmaker for a record $100 billion capacity expansion will just mildly dent a growing worldwide shortage of semiconductors for gear such as high-speed notebook computers, 5G smartphones and newer vehicles, tech experts believe.

Taiwan Semiconductor Manufacturing Co. said in an April 1 legal notice to the Taipei stock exchange that it would use the money over three years on “leading technology” for manufacturing and R&D to “answer demands from the market.” The notice specifically cites demand for chips used in 5G-enabled and high-performance devices.

That amount would set a dollar-value record for the company, which is details ⇒

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