JSW Steel rises 2% on gas supply worries HSBC raises Tata Steel target to ₹250 British Steel to supply 120,000 mt billet to Nigeria ₹3,200 crore Tata Steel EAF starts in Ludhiana
Toyota Motor will invest in Taiwan Semiconductor Manufacturing Co.'s Japanese subsidiary to fund the construction of a second chip plant in Japan's Kumamoto prefecture, the two companies declared on Tuesday.
Existing investors including Sony and Denso will also make additional investments into the unit, Japan Advanced Semiconductor Manufacturing, TSMC said.
TSMC will still own a 86.5% stake in the subsidiary, while Sony, Denso and Toyota will hold 6.0%, 5.5%, and 2.0% respectively.
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