TSMC announces new $11 billion factory in Germany to manufacture automotive and IoT chips


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The proposed factory, a joint venture with three other companies, marks TSMC's first foray into Europe. In a press release, TSMC said that its allies in its new venture will be Robert Bosch GmbH and Infineon Technologies AG from Germany, as well as NXP Semiconductors N.V. of the Netherlands. While...

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