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TSMC Rejects Invitation to Set Up Factories in India: Report

  • TSMC declined an invitation to establish factories in India, Singapore, and Qatar, preferring Taiwan as its production base.
  • The company's expansion in the US, Japan, and Germany was influenced by pressure from major powers and the supply chain strength of these countries.
  • While Middle Eastern countries aim to develop AI infrastructure projects, TSMC could not eliminate the possibility of setting up factories there due to opportunities.
  • TSMC's obstacle in establishing factories in Middle Eastern nations is the absence of an existing semiconductor industry in those countries.

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