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Market Chatter: TSMC Revives Plan for Advanced Fab at Taiwan's Hsinchu Science Park

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-- Taiwan Semiconductor Manufacturing (TPE:2330) is seeking government approval for an advanced fab in Hsinchu Science Park several years after the company shelved a similar plan, Focus Taiwan reported Monday.

A TSMC wafer factory is part of a proposal for the third phase of the Longtan Science Park that will be submitted later this month to Taiwan's National Science and Technology Council for review, the park bureau reportedly told the news outlet in a written reply.

In 2023, the company abandoned a plan to build a fab at the Longtan campus due to strong local opposition, according to the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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