# TSMC to invest $2.8 billion in new Nanjing chip factory

Taiwan Semiconductor Manufacturing Co. will invest $2.8 billion to build a new factory in Nanjing, China, to produce 28-nanometer chips for automotive applications.

- Type: Investment
- Announced: 2021-04-26
- Where: Nanjing, China
- Value: $2.80B
- Status: announced
- Products: 28-nanometer chips
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Taiwan Semiconductor Manufacturing Company](https://endata.com/companies/27337.md)

## Sources

- [asia.nikkei.com](https://asia.nikkei.com/business/tech/semiconductors/tsmc-to-invest-2.8bn-in-china-to-ramp-up-auto-chip-production), 2021-04-26: "TSMC plans to invest in building a factory to produce 28-nanometer chips in Nanjing."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.