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Taiwanese chipmaking giant Taiwan Semiconductor Manufacturing Company (TSMC) opened its first factory in Japan on Saturday (Feb. 24), expanding its global reach amid rising chip competition between the United States and China.
The Japan Advanced Semiconductor Manufacturing (JASM), located in the Kumamoto region in southwestern Japan, is set to start operations later this year, the Associated Press reported, and TSMC has announced plans to open a second factory in Japan in the next few years. Private sector investments into both plants reportedly amount to $20 billion.
TSMC,…