Taiwan Semiconductor Acquires Tainan Facility For $531M, Plans Major Expansion

Taiwan Semiconductor Manufacturing Co (NYSE:TSM) snapped Innolux Corp’s flat-panel display plant in Tainan for $530.6 million. Taiwan Semiconductor expects to leverage the Tainan facility for future operations, the Business World reports. In June, Taiwan Semiconductor Chair C.C. Wei had flagged the urgency to double its CoWoS capacity. Also Read: Taiwan Semiconductor’s AI Growth Trajectory Could Hit A Bump From Workforce Challenges: Report Innolux is now focusing on upgrading its existing facili