Powered by iPhone 12 in cash, TSMC poured $ 28 billion into the tech plant and Arizona in 2021

After a successful quarter led by the iPhone 12, Apple vendor TSMC says it will spend up to $ 28 billion on capital expenditures in 2021, with much of that amount earmarked for expanding its technology lead.

The company’s capital spending goal is a huge increase from the previous year’s $ 17.2 billion goal. About 80% of spending in 2021 will be dedicated to advanced chip technologies such as 3nm manufacturing processes. Part of its capital expenditure will also go towards building a facility in Arizona to help supply its US customers.

According to DigiTimes, TSMC also expects to record record revenue of between $ 12.7 billion and $ 13 billion in the first quarter of 2021.

In the fourth quarter of 2020, TSMC posted revenue of $ 12.68 billion, which represents a 22% year-over-year increase.

During the holiday quarter, the chip maker said it saw smartphone shipments account for about 51% of total wafer revenue. Attributes its powerful 5nm chip …

Read the full story

News Highlights

  • According to this source Powered by iPhone 12 in cash, TSMC poured $ 28 billion into the tech plant and Arizona in 2021
  • Check the more updates related to Apple Tips and Apple news now.

I hope you love this news please Share your love by following us on Facebook and Twitter for the latest apple news informationon and updates like Powered by iPhone 12 in cash, TSMC poured $ 28 billion into the tech plant and Arizona in 2021

from our channels.

We will be happy to hear your thoughts

      Leave a Reply

      AppleiPhonestop - Apple iPhone News and Rumours All Day
      Logo
      Enable registration in settings - general
      Compare items
      • Laptops (0)
      Compare
      0