Xintec told the Taiwan exchange on Nov. 13 that its board approved a capacity-outsourcing agreement with TSMC, running through Dec. 31, 2033, to build and operate an advanced-packaging backend line in a TSMC plant at the Central Taiwan Science Park. The filing says the line will make oS modules, targets first-phase volume production in 2029, and that the board approved NT$15 billion of convertible bonds for the initial equipment. Taiwan News calls the work the on-substrate step of CoWoS. TSMC has not issued its own statement, and the filing gives no capacity.
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