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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (3746)	1/18/2016 11:26:51 AM
From: Kirk ©	Respond to of 26576

I wonder how they decide what is smart and dumb money..... Source: From Breeze @ Message 30409547

To: Gottfried who wrote (3746)	2/4/2016 10:39:43 AM
From: Kirk ©	1 Recommendation Recommended By Gottfried Respond to of 26576

Taiwan MOEA approves TSMC 12-inch fab investment in China The Investment Commission of Taiwan's Ministry of Economic Affairs (MOEA) has approved TSMC's proposal to set up a 12-inch wafer fab and a design service center in Nanjing, China for up to US$3 billion. The investment proposal was submitted by TSMC to Taiwan's Investment Commission in December 2015. TSMC has disclosed plans to hire a total of 1,700 people for its 12-inch fab and design service center in Nanjing, which will be wholly-owned by the Taiwan-based contract chipmaker. TSMC noted its 12-inch fab in Nanjing is scheduled to begin production of 16nm chips in the second half of 2018, when the foundry's more-advanced 10nm chips will be in production for more than a year. TSMC reiterated plans to have the Nanjing fab produce 20,000 12-inch wafers monthly account for about 2.5% of the foundry's overall production capacity. TSMC allowed to build 12-inch fab in China Digitimes file photo digitimes.com