Can All The Riches Of Arabia Loosen TSMC's Grip On The Foundry Industry?

Being the boss of Glofo, the aspirant Abu Dhabi-backed foundry company, must be daunting when the incumbent market leader says it will spend more on capex next year than the $6 billion it spent this year, and when the other major foundry aspirant - Samsung - has been burbling on about spending some $20 billion on fab.

TSMC's spend of $5.9 billion this year has given it installed capacity of 11.3 million (eight inch equivalent) wafers.

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