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TSMC bond plan aimed at acquisitions: analyst

08/10/2011 02:35 PM
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Taipei, Aug. 10 (CNA) A newly unveiled plan by Taiwan  Semiconductor Manufacturing Co. (TSMC), the world's largest contract  chip maker, to issue corporate bonds is aimed at raising funds for  acquisitions to expand its non-core business to weather a cyclical  slowdown in the global foundry industry, an analyst said Wednesday.  


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