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TSMC reportedly cuts stake in SMIC

Commercial Times; Jessie Shen, DIGITIMES Asia Thursday 6 September 2012 0

Taiwan Semiconductor Manufacturing Company (TSMC) has sold off almost 191 million shares of Semiconductor Manufacturing International (SMIC) at HK$0.291 (US$0.04) each, cutting its stake in the China foundry to 7.63% from 8.22%, according to a recent...

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