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Philips releases 877 million TSMC shares

Claire Sung, Taipei; Esther Lam, DIGITIMES Asia 0

Royal Philips Electronics has sold about 877 million shares it held in Taiwan Semiconductor Manufacturing Company (TSMC) for a total of NT$57.66 billion (US$1.75 billion), or NT$65 per share, after the market closed in Taiwan, according to a statement...

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