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Taiwan Semiconductor Manufacturing Company's (TSMC) logo is seen while people attend the opening of the TSMC global R&D center in Hsinchu

Taiwan Semiconductor Manufacturing Company’s (TSMC) logo is seen while people attend the opening of the TSMC global R&D center in Hsinchu, Taiwan July 28, 2023. REUTERS/Ann Wang/File Photo Acquire Licensing Rights

Nov 7 (Reuters) – The German cartel office has approved stakes by Bosch (ROBG.UL), Infineon (IFXGn.DE) and NXP (NXP.N) in TSMC’s (2330.TW) new semiconductor plant in the German city of Dresden, the regulator said in a statement on Tuesday.

The companies would each acquire 10% of shares in the European Semiconductor Manufacturing Company (ESMC), founded by TSMC, it said.

Reporting by Linda Pasquini, Editing by Rachel More

Our Standards: The Thomson Reuters Trust Principles.

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