TOKYO -- Toyota Motor will invest in Taiwan Semiconductor Manufacturing Co.'s Japanese subsidiary to fund the construction of a second chip plant in Japan's Kumamoto prefecture, the two companies announced on Tuesday.
Business deals
Toyota to invest in TSMC arm for 2nd Kumamoto chip plant in Japan
Automaker joins Denso and Sony in providing funds to boost key semiconductor industry
Toyota will invest in Japan Advanced Semiconductor Manufacturing, a TSMC subsidiary that will operate its Kumamoto plant. (Photo by Arisa Moriyama)
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