​​Taiwan's chip investment shifts into hyperdrive. Taiwan's s | TITAN Financial

​​Taiwan's chip investment shifts into hyperdrive.

Taiwan's semiconductor investment boom is shifting to hyperdrive. Nanya Technology, the island's leading memory chip maker, plans to build Foxconn, a $ 10.7 billion chip factory and the world's largest chip maker, according to NA. Nanya — the fourth largest manufacturer of dynamic random memory (Dram) chips in the world after Samsung, SK Hynix, and Micron Technology. Information has been confirmed that negotiations are underway to purchase a leading manufacturer of specialized memory chips. Last week, another Powerchip Semiconductor Manufacturing Company began the construction of a $ 9.9 billion chip factory in Miaoli, Taiwan.

Major Impact: The investment announcement represents the flip side of a severe global chip shortage. CC Way, CEO of Taiwan Semiconductor Manufacturing Company, warns that shortages are likely to persist until 2022. Nanya chairman Wu Chia-Chau said construction of the plant would begin by the end of the year and be completed in 2023.
Drum chips are using in everything from computers and smartphones to servers and connected cars.

via. TITAN