The chipmaker also intends to set up a joint venture to build another fab in Dresden, Germany. The TSMC chairman also highlighted TSMC's efforts to go global by building wafer fabs in Arizona and in Japan's Kumamoto. TSMC has never disclosed when production of the 2nm process in Kaohsiung will begin. In addition, TSMC is developing the more advanced 2nm process with production planned for Hsinchu in 2025 as well as Kaohsiung, Liu said. Liu said that although the semiconductor industry has faced headwinds amid weakening global demand over the past year, TSMC has still made advances, citing mass production of the 3 nanometer process, its newest technology in commercial production. Though Sports Day was canceled the past three years due to the pandemic, TSMC still gave non-managerial employees special bonuses of NT$12,000 in 2020 and NT$16,000 in 20.Īccording to TSMC, more than 50,000 employees will be eligible for this year's payout, translating to a total financial commitment of more than NT$800 million in bonuses. When Liu announced this year's bonus, a loud ovation erupted among TSMC employees in Hsinchu County Stadium, where the event was held. The annual Sports Day event, which started in 1993, is something TSMC's employees look forward to because of the sizable bonus that usually comes with it. He said that after suspending Sports Day for the past three years due to COVID-19, it resumed this year to allow TSMC's employees and their families to get together and demonstrate the athletic spirit of not becoming dizzy with success, nor being discouraged by failure. TSMC Chairman Mark Liu speaks at the chipmaker's Sports Day in the Hsinchu County Stadium Saturday.
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