DENSO Corporation will acquire a minority stake in Taiwan Semiconductor Manufacturing Co Ltd’s Japan Advanced Semiconductor Manufacturing, Inc for $0.35 billion.
The investment will increase DENSO’s stake to over 10 percent.
TSMC Looks to Expand Japan Chip Plant; DENSO Acquires Stake
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A security guard walks past a company logo at the headquarters of the world's largest semiconductor maker TSMC in Hsinchu, Taiwan, on Jan. 29, 2021. Sam Yeh/AFP via Getty Images
By Benzinga
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