Reported 11 months ago
The Ministry of Economic Affairs in Taiwan has approved four overseas investment cases, including Taiwanese semiconductor company TSMC's expansion projects in Japan's Kumamoto and Arizona, U.S., totaling over $10.2 billion. The investment will be used for building advanced semiconductor manufacturing facilities in both countries, focusing on producing cutting-edge semiconductor products. The ministry emphasized that despite the expansions, TSMC's core processes and research centers will remain in Taiwan, contributing to the local industry and enhancing international competitiveness.
Source: YAHOO