Hsinchu, Taiwan, R.O.C., May 14, 2019 – TSMC (NYSE: TSM) today held a meeting of the Board of Directors, which passed the following resolutions:
1. Approved capital appropriations of approximately US$3,979.8 million for purposes including: 1) Upgrading and expanding advanced technology capacity; 2) Conversion of certain logic capacity to specialty technology; 3) Third quarter 2019 R&D capital investments and sustaining capital expenditures.
2. Approved capital appropriation of approximately US$115.1 million for capitalized leased assets in the second half of 2019.