Taipei, Nov. 12 -- Taiwan Semiconductor Manufacturing Co. (TSMC) approved a capital appropriation plan worth about USD 14.98 billion and also raised its cash dividend to NT$6 (USD 0.19) per share, reflecting its strong third-quarter earnings performance, according to a report by Focus Taiwan.

The company's board of directors approved the capital plan to fund several key initiatives, including the installation of advanced technology and packaging capacity, the expansion of mature and speciality technologies, and the construction of new fabrication plants equipped with required systems. TSMC stated that the allocation will also support research and development investments and sustain its capital expenditure for future growth.

In addition ...