TSMC slashes its LED lighting business by NT$2 billion

TSMC announced that it will spend NT$2,034 million to participate in the cash increase of its TSMC solid-state lighting company, enter the solar and LED lighting business, and acquire 203.4 million shares of the capital increase. It plans to subscribe for this part of the open-ended employees to unite employees.

TSMC actively participated in the increase of TSMC solid-state lighting, revealing that it is not bearish on the LED market.

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