TSMC, the world's No. 1 semiconductor foundry company, will invest $ 100 billion (about 113 trillion won) over the next three years.
TSMC said in a statement on the 1st that it will make such investments to expand production. TSMC's investment is seen as a strategy to solve the shortage of semiconductor supply and to beat competitors such as second-largest Samsung Electronics.
According to Statista, a market research company, TSMC is the number one foundry market share (56%) and Samsung Electronics (18%) in the first quarter.
TSMC is also expected to try to widen the gap with its competitors by making aggressive investments.
Reporter Lee Ji-sun stockmk2020@gmail.com
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