Taiwan Semiconductor invests in energy-saving technology

March 25, 2010
A woman walks past a logo of Taiwan Semiconductor Manufacturing Co (TSMC) in Taipei. TSMC Thursday broke ground on a light-emitting diode plant that marks one of the company's most ambitious forays into energy-saving technologies.

Taiwan Semiconductor Manufacturing Co Thursday broke ground on a light-emitting diode plant that marks one of the company's most ambitious forays into energy-saving technologies.

The factory and an attached research centre, located in the Hsinchu Science Park in northern Taiwan, will require investment of 5.5 billion Taiwan dollars (170 million US dollars), the company said.

"The project marks an important milestone for the company's entry into ," the world's leading contract maker by revenues said in a statement.

The plant is scheduled to begin production in the first quarter of 2011, it said.

The investment came after the chipmaker in December bought a 20 percent stake in Motech Industries, the island's biggest solar cell manufacturer, for around 193 million US dollars.

The application of light-emitting diodes has increased in products such as commercial signs and flat screen televisions, as calls grow for efficient energy to cope with .

The technology has existed for years, but recent advances have made it more likely that light-emitting diodes can in some cases even replace traditional light bulbs.

Explore further: Taiwan's AU Optronics returns to profit in third quarter

Related Stories

Taiwan chip giant TSMC to enter solar energy

December 10, 2009

Chip giant Taiwan Semiconductor Manufacturing Co. is planning its first foray into solar energy with an investment in the island's largest producer of solar cells, a spokesman said Thursday.

Taiwan Semiconductor profits soar

January 28, 2010

Taiwan Semiconductor Manufacturing Co said Thursday net profits in the three months to December more than doubled from a year earlier due to strong demand for computer application chips.

Taiwan's UMC posts Q4 profit of 137 million dollars

February 3, 2010

Taiwan's United Microelectronics Corp Wednesday said it posted a net profit of 4.4 billion Taiwan dollars (137 million US dollars) in the three months to December due to strong demand.

Recommended for you

Netherlands bank customers can get vocal on payments

August 1, 2015

Are some people fed up with remembering and using passwords and PINs to make it though the day? Those who have had enough would prefer to do without them. For mobile tasks that involve banking, though, it is obvious that ...

Power grid forecasting tool reduces costly errors

July 30, 2015

Accurately forecasting future electricity needs is tricky, with sudden weather changes and other variables impacting projections minute by minute. Errors can have grave repercussions, from blackouts to high market costs. ...

Microsoft describes hard-to-mimic authentication gesture

August 1, 2015

Photos. Messages. Bank account codes. And so much more—sit on a person's mobile device, and the question is, how to secure them without having to depend on lengthy password codes of letters and numbers. Vendors promoting ...

0 comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.