Stock Markets July 13, 2026 01:41 AM

TSMC to Add Two Advanced Packaging Plants at Chiayi Science Park

Expansion aims to bolster capacity for AI-driven chip demand with two more facilities in southern Taiwan

By Nina Shah
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Taiwan Semiconductor Manufacturing Co. will build two additional advanced chip packaging plants at the Chiayi Science Park in southern Taiwan, expanding the existing complex to four facilities. The move is intended to increase packaging capacity to address strong demand for next-generation semiconductors and is forecast to generate substantial production value and jobs once fully operational.

TSMC to Add Two Advanced Packaging Plants at Chiayi Science Park
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Key Points

  • TSMC will add two more advanced packaging plants at Chiayi Science Park, bringing the site to four facilities.
  • The first Chiayi plant is in mass production and the second is expected to start commercial operations soon, supporting expanded packaging capacity for next-generation chips.
  • Officials project the four-plant complex could generate over T$300 billion in annual production value and create more than 9,000 jobs when fully operational.

Overview

Taiwan Semiconductor Manufacturing Co. (TSMC) is widening its advanced packaging footprint in southern Taiwan with plans to construct two additional facilities at the Chiayi Science Park, according to comments reported from Taiwan's science and technology minister. The new buildings will constitute the third and fourth plants in the company’s Chiayi expansion.

Current status at Chiayi

TSMC’s first advanced packaging plant at the Chiayi site has moved into mass production, while a second plant is slated to commence commercial operations in the near term, the minister said. The additional facilities announced at a groundbreaking ceremony will join those two existing plants, creating a four-plant cluster dedicated to advanced packaging work.

Economic and employment projections

Officials estimate the full four-plant complex could produce more than T$300 billion in annual production value and support the creation of upwards of 9,000 jobs once all facilities are operational. Those figures were provided by Taiwan’s National Science and Technology Council and conveyed by the minister at the event.

Strategic context

The Chiayi Science Park has emerged as a strategic manufacturing base for TSMC’s advanced packaging operations. The company has been accelerating investment in advanced packaging methodologies, including chip-on-wafer-on-substrate (CoWoS) technology, in response to robust demand driven by artificial intelligence workloads. Customers such as Nvidia have contributed to orders that have, at times, exceeded available packaging capacity.

Capacity and supply-chain focus

The latest additions in Chiayi reflect efforts to relieve capacity bottlenecks in packaging and to expand throughput for AI processors, an area the semiconductor industry has identified as a significant point of constraint. The two new plants are part of a broader push to scale advanced packaging output to meet growing customer demand.


Note on information

The details in this report are drawn from remarks attributed to Taiwan’s science and technology minister made during a public groundbreaking ceremony, as reported. Projected production value, job estimates, and timelines referenced here originate from those statements.

Risks

  • Timelines for the second plant to begin commercial operations are described as 'expected' or 'near future,' indicating uncertainty about exact start dates - this could affect capacity ramp-up and related market impacts.
  • The announcement frames the production value and job numbers as projections, so actual outcomes could differ from the T$300 billion and 9,000-job estimates.

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