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Technology / AI and automation

TI REACHES FINAL AGREEMENT WITH SAMSUNG

Texas Instruments Inc now has final agreement with Samsung Electronics Co for the proposed joint investment of $50m in Texas’s existing semiconductor assembly plant in Oporto, Portugal: the jointly-owned company will operate separate dedicated manufacturing lines to assemble and test each company’s chips; Samsung has an option to increase its stake to 50% over three years.

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CBR Staff Writer

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