TMTPOST – TSMC held its first-quarter board meeting, where several key decisions were made. The board approved a cash dividend of NT$4.50 per share for the fourth quarter of 2024. Additionally, they authorized a capital budget of approximately $17.14 billion for 2024, which includes investments in advanced process capacity, upgrades to advanced packaging and mature/special process capacities, as well as construction and facility engineering. The board also approved a capital increase of up to $10 billion for its fully-owned subsidiary, TSMC Global, to reduce foreign exchange risk costs. Furthermore, Chen Peihong, the Senior Director of Human Resources, was promoted to Vice General Manager.