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Deal-shy chipmaker TSMC says it's open to memory acquisition

Apple supplier under pressure to diversify as demand shifts beyond phones

TSMC builds some of the world's most advanced processors for mobile devices, but has ceded memory chips to the likes of Samsung and Toshiba. © (Courtesy of TSMC)

TAIPEI -- Taiwan Semiconductor Manufacturing Co. "will not rule out the possibility" of buying a memory chip company, Chairman Mark Liu told the Nikkei Asian Review, as the world's biggest contract chipmaker and key Apple supplier looks beyond the slowing smartphone market.

The comment by Liu, who succeeded founder Morris Chang as chairman earlier this year, marks a rare statement on the possibility of acquisitions by the risk-averse manufacturer and comes as its mobile-driven earnings slow.

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