TSMC and Nanjing sign 12-inch fab investment agreement

TaiwanDigi Times — Taiwan Semiconductor Manufacturing Company (TSMC) announced on March 28 that the company and the municipal government of Nanjing, China have signed an investment agreement. This agreement affirms that TSMC will make an investment in Nanjing valued at US$3 billion to establish TSMC (Nanjing) Co., a wholly-owned subsidiary managing a 12-inch wafer fab and a design service center.

http://www.digitimes.com/news/a20160328PR200.html

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