TSMC will invest 44,000 million dollars in 2022 to face the shortage of chips

TSMC will invest 44,000 million dollars in 2022 to face the shortage of chips

“We see that the end-market demand may decrease in terms of units, but the silicon content is increasing,” CC Wei, CEO of the company, told the Financial Times.

In addition, the company expects demand to remain high regardless of the chip shortage continuing through 2022. In this sense, the company expects overall industry revenue to grow 20%, while they also expect to have a revenue increase of the same percentage or even higher, as happened in 2021, when they grew by 25%.

TSMC is one of the most important competitors in the semiconductor industry, as it supplies silicon for Apple and Qualcomm, among other technological giants, and although there are competitors such as Samsung or Intel in the field of chips, they have not yet managed to catch up. par in manufacturability.

It is also relevant that to ensure supplies in the face of shortages, customers pay in advance. According to data from the company itself, during 2021 it received 6.7 billion dollars in advance payments.