"We will have both R&D and manufacturing in the new plants," said J.H. Tzeng, a TSMC spokesman, although he declined to give his own company's investment figure. The Hsinchu Science Park said in a statement on Tuesday that TSMC, Powerchip Semiconductor, and Vanguard were investing a total of $14.7 billion to build new plants, creating eventual production value of $9.81 billion annually. The three companies conducted a joint ground-breaking ceremony.
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