TSMC to invest USD 2.8 billion in China to ramp up auto chip production

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Taiwan Semiconductor Manufacturing Co., the world’s largest contract chipmaker, will invest USD 2.8 billion in China to ramp up the production of semiconductors used in automobiles. TSMC will install new production lines at an existing plant in Nanjing, which are slated to begin mass-production in 2023 to meet the growing demand for 28-nanometer automotive chips. … Visit Website
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