TSMC to explore green diversification, says report

LONDON — Taiwan Semiconductor Manufacturing Co. Ltd. (Hsinchu, Taiwan), the world's leading foundry manufacturer of integrated circuits, is considering how to use its strength in manufacturing in environmental- and energy-related markets, according to a Financial Times interview with CEO Rick Tsai.

TSMC has appointed Chao Ying-cheng, president of its China operation, to lead a business unit to look into green energy, such as production of solar cells. The report quoted Tsai saying TSMC would take a long-term position on the possibilities.

"If you look at the past five to 10 years, growth has slowed down, It is very logical and natural for a company of our size to look for opportunities for extra growth," the report quoted Tsai as saying.

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