TSMC will invest around $3 billion to increase its chip packaging capabilities [TechSpot]

TSMC is planning to invest $90 billion Taiwanese dollars, or $2.87 billion, to build a new manufacturing plant in Tongluo Science Park, a location in northern Taiwan. The plant is expected to create 1,500 new “local” jobs, and it’s already been officially approved by the Tongluo Science Park administration.Read Entire Article