TSMC to up 2013 capex to $10bn
According to Taiwan’s Economic News newspaper, TSMC is to increase capex by 25% from this year’s $8bn to $8.5bn, giving it a 2013 capex of around $10bn.
Last week Intel announced it was cutting capex to under $12bn. The company had intended to spend $12.5bn this year until it was hit by a softening PC market in Q3.
Top of the pile in capex spenders this year is Samsung which has a budget of $13.1bn.
TSMC has been under pressure from customers such as Qualcomm and Nvidia to increase capacity or improve yields or both, following a shortage of 28nm IC which is not expected to be resolved until the end of Q4.
SEMI, the trade body for fab equipment suppliers, says it expects a 17% growth in the fab equipment market to $43bn, making it a golden year for the manufacturers of chip-making equipment.