Taiwan Semiconductor invests in energy-saving technology

Mar 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: Ticketfly buying WillCall for on-premise data

add to favorites email to friend print save as pdf

Related Stories

Taiwan chip giant TSMC to enter solar energy

Dec 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

Jan 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.

Recommended for you

Ticketfly buying WillCall for on-premise data

19 hours ago

Ticketfly Inc., a San Francisco-based technology company among several posing a challenge to Ticketmaster, is acquiring WillCall Inc., a crosstown rival that turns your smartphone into a mobile wallet at live events.

HP revenue inches up after years of decline

Aug 20, 2014

Hewlett-Packard on Wednesday reported that its quarterly revenue rose for the first time in three years, nudged by improved computer sales everywhere except Russia and China.

Restaurants experimenting with pay-in-advance tickets

Aug 20, 2014

With restaurant patrons increasingly jumping on the Internet to make reservations, some high-end eateries here and across the country are adding a new tech wrinkle: having their clientele pay for their meal in advance using ...

Chip maker Infineon to buy California firm for $3B (Update)

Aug 20, 2014

German chip maker Infineon Technologies AG says it has agreed to pay $3 billion in cash for California-based semiconductor firm International Rectifier, which produces power-management components used in everything from cars ...

User comments : 0