"TSMC Aims for 60% Local Procurement at First Japan Plant by 2030"

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Source: Bloomberg
"TSMC Aims for 60% Local Procurement at First Japan Plant by 2030"
Photo: Bloomberg
TL;DR Summary

TSMC aims to achieve 60% local procurement for its first chip plant in Japan by 2030, as stated by CEO C.C. Wei during a meeting with Prime Minister Fumio Kishida. This target applies to indirect materials used in the manufacturing process and does not include machinery.

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