TSMC to Completely Withdraw From the Solar Market
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TSMC recentlt announced to sell 29.16 million common shares of Motech Industries, Inc., a Taiwanese solar products and services provider, or approximately 6% of Motech’s paid-in-capital.After the sale, TSMC will hold approximately 12% of Motech shares. TSMC said in press release that the company intends to exit from its financial investment in Motech in an orderly manner in the future.
