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Taiwan's TSMC signs deal to build $3 bln wafer plant in China

2016-03-28 12:15:56| Semiconductors - Topix.net

Taiwan Semiconductor Manufacturing Co Ltd , the world's top contract chip maker, said on Monday it has signed an agreement with the Nanjing City Government to invest $3 billion building an advanced wafer manufacturing facility in China. The announcement comes after TSMC said in December it planned to set up its first wholly owned advanced fabrication plant in China with a $3 billion investment, highlighting the growing importance of the Chinese market for semiconductor giants.

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