TSMC is adding two chip packaging plants to its growing hub in southern Taiwan

A groundbreaking ceremony marked the start of Phase II at the Chiayi Science Park, which is expected to produce $9.35 billion in annual output

NurPhoto / Getty Images

Taiwan Semiconductor Manufacturing Co. will add two advanced chip packaging plants at the Chiayi Science Park in southern Taiwan, the island's National Science and Technology Council Minister Wu Cheng-wen said at a groundbreaking ceremony on Sunday.

Phase II, which Wu Cheng-wen said would add a third and fourth plant to the site, was officially launched at Sunday's ceremony. Of the two Phase I........

© Quartz