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Philips announces internal transfer of TSMC shares

By - Source: Tom's Hardware | B 0 comment

Royal Philips Electronics announced today that it has acquired from its fully owned subsidiary Philips Electronics Industries (Taiwan) approximately 1928 million shares of Taiwan Semiconductor Manufacturing Company (TSMC).

As a result PEI will no longer hold shares in TSMC and Philips is the sole holder of shares in TSMC held within the Philips Group.

More here at DigiTimes.

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