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Semiconductors

TSMC to build advanced chip plant in southern Taiwan

Domestic move comes as company also expands globally to address supply crunch

TSMC is expanding its chip production at home and abroad amid a global supply crunch and expectation of further increases in demand for its manufacturing services. (Photo courtesy of TSMC)

TAIPEI -- Taiwan Semiconductor Manufacturing Co., the world's biggest contract chipmaker, is looking to build an advanced plant in south Taiwan as part of a $100 billion expansion to address the unprecedented global chip shortage.

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