Japan’s Denso to invest in TSMC chip factory in Japan
By Syndicated ContentFeb 15, 2022 | 6:28 AM
TAIPEI (Reuters) – Japan’s Denso Corp has agreed to take a minority stake in Taiwan Semiconductor Manufacturing Co’s majority-owned manufacturing subsidiary in Japan, the contract chipmaker said on Tuesday.
Denso will invest $350 million in Japan Advanced Semiconductor Manufacturing Inc, TSMC’s chip factory in southern Japan, for a more than 10% equity stake, TSMC said in a statement.
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