TOKYO/TAIPEI/MUMBAI -- Taiwan's Powerchip Semiconductor Manufacturing Corp. (PSMC) is pulling out of plans for a Japanese chip plant as the company shifts its focus to a technology partnership in India that will put less strain on its finances.
Semiconductors
Taiwan chipmaker PSMC abandons Japan plans after India deal
SBI to look for new partner for northern Japanese chip plant
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PSMC's earnings have suffered from a supply glut of Chinese-made legacy chips. © Reuters
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