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PSC-Rexchip secures NT$59 billion loan to fund expansion

Hans Wu, Taipei; Esther Lam, DIGITIMES Asia 0

Powerchip Semiconductor Corporation (PSC) and Rexchip Electronics (PSC's joint-venture with Elpida Memory) signed a NT$59 billion (US$1.8 billion) syndicated loan with 19 banks in Taiwan on August 2 to fund expansion.

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