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Capex to decrease in 2002, but TSMC will continue investments in 12-inch fabs

Chiali Chen, Taipei; Juliet Tzou, DIGITIMES Asia 0

Morris Chang, chairman of Taiwan Semiconductor Manufacturing Company (TSMC), said that his company’s capital expenditures in 2002 would be lower than the US$2.2 billion allocated for this year. TSMC had lowered its 2001 capital expenditures from...

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