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TSMC bond plan aimed at acquisitions: analyst

2011/08/10 14:35:39

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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