TSMC (TSM) has no plans to purchase a Renesas (RNECY.PK) chipmaking plant in Tsuruoka, Japan,...


TSMC (TSM) has no plans to purchase a Renesas (RNECY.PK) chipmaking plant in Tsuruoka, Japan, says chairman Morris Chang, shooting down rumors to the contrary. Reports that Renesas plans to shutter a large number of plants as part of a restructuring plan had heightened speculation TSMC, which has formed an outsourcing partnership with Renesas, would bid for one or more of them.
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