FILE PHOTO: The logo of Taiwan Semiconductor Manufacturing Co (TSMC) is pictured at its headquarters, in Hsinchu, Taiwan, January 19, 2021. REUTERS/Ann Wang
TAIPEI (Reuters) - Taiwan Semiconductor Manufacturing Co Ltd has received approval to set up a chip plant in Japan, Taiwan's investment commission of the ministry of economic affairs, which approved the investment, said in a statement on Monday.
World No.1 contract chipmaker TSMC said last month it would build a $7 billion chip plant in Japan with Sony Group.
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