
Taiwan Semiconductor's advanced packaging expansion progresses with the AP8 plant's ceremony today

Taiwan Semiconductor (2330) held a ceremony on the 2nd for the expansion of its AP8 plant, steadily advancing the expansion of advanced packaging. Although this event was more low-key compared to the expansion of the Kaohsiung plant, all suppliers were invited to attend. According to Counterpoint Research, global wafer foundry industry revenue is expected to grow by 26% year-on-year in the fourth quarter of 2024, with Taiwan Semiconductor's market share increasing to 67%. Strong demand for AI is driving advanced packaging, and Taiwan Semiconductor is actively expanding CoWoS-L and CoWoS-R capacity to consolidate its market leadership
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