On May 2^nd, Powerchip Semiconductor Manufacturing Corporation (PSMC) holds the grand opening ceremony for its new Tongluo Fab at the Miaoli Tongluo Science Park. This 12-inch fab project, with more than NT$300 billion investment, has completed first batch of equipment installation and trial production commencement. The Tongluo Fab will serve as the major platform to advance its process technology and secure business with large international customers.

During the grand opening ceremony, more than 700 executives from local and international semiconductor supply chain companies, top government officials and overseas representatives are delighted to attend the event, including President Tsai Ing-wen, Kung Ming-hsin, Minister of the National Development Council, Wu Tsung-chung, Chairman of the National Science Council, Chung Tung-chin, Miaoli County Magistrate, and officials from the American Institute in Taiwan, India Taipei Association, Japan-Taiwan Exchange Association, Bureau Français de Taipei and  the Governor of Miyagi Prefecture from Japan.

“The construction of Tongluo fab began in March 2021, the challenging moment of pandemic when all employees and partners were mobilized and collaborated to accelerate the progress for fab construction and equipment installation. It took three years to complete the fab construction and commence operation. The investment of Tongluo Fab has reached NT$80billion as of today. The difficulty of this project proves the fact that green field semiconductor fabrication investment requires high barriers for project execution, technology deployment and financial capability. Fortunately PSMC management team has executive a timely decision to mitigate the inflation risk from high construction cost “, PSMC chairman Dr. Frank Huang said.

Land area of Tongluo fab has exceed over 110,000 square meters, including a 28,000 square meter cleanroom in phase one facility. The fab capacity is scheduled at 50,000 12-inch wafers per month under 55, 40 and 28nanometer technology node. The company can still construct a second phase of the plant at the Tongluo site to continue advancing its 2x nanometer technology node.

PSMC chairman Dr. Frank Huang also indicates that the reshuffling of global supply chain has been accelerated by geopolitical dynamics and the timing of Tongluo fab production commencement will strategically fulfill the ambition for PSMC long-term growth and supply chain resilience strategy for international IDMs and IC design companies.