TSMC Board of Directors Meeting Resolutions
Issued by: TSMC
Issued on:
Hsinchu, Taiwan, R.O.C., May 9, 2017 – TSMC (NYSE: TSM) today held a meeting of the Board of Directors, which passed the following resolutions:
1. Approved capital appropriations of approximately US$1,269.1 million for purposes including: 1) Upgrading and expanding advanced technology capacity; 2) Conversion of certain logic capacity to specialty technology; 3) Third quarter 2017 R&D capital investments and sustaining capital expenditures.
2. Approved the establishment of TSMC Charity Foundation with donation of NT$30,000,000 as its initial capital.
