TSMC is hosting its annual conference and after announcing its roadmap for the next two years, it share another interesting bit. The chip manufacturer is already working on setting up its 2 nm foundry, starting from building a factory and R&D center.
It will employ around 8,000 people and will be an evolution from the 3nm chips that are supposed to arrive in consumer devices by the end of 2022.

TSMC has already purchased land in Hsinchu to expand its research and development center, confirmed YP Chin, senior VP at the Taiwanese company. The
TSMC’s main competitor Samsung has already announced plans for using GAA in its 3nm process technology by 2022. Having another player in the race is definitely a good thing for competition - it will allow manufacturers to keep trying to outdo themselves and will keep the price for smartphone makers relatively low.
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