German Cartel Office Approves of Stake Purchase by Bosch, Infineon, and NXP in TSMC’s Semiconductor Dresden Facility

The German Cartel Office has approved the acquisition of stakes in TSMC’s new semiconductor facility in Dresden, Germany by Bosch, Infineon, and NXP. Each of these companies will secure a 10% ownership in the European Semiconductor Manufacturing Company (ESMC), which is a venture established by TSMC. This approval was announced in a statement released by…

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