TSMC says planned U.S. factory in line with company's interests
HSINCHU, Taiwan (Reuters) - Taiwan Semiconductor Manufacturing Co Ltd's <2330.TW> planned factory in the United States is "definitely in line with" the company's interests, Chairman Mark Liu told investors on Tuesday.
The move will help it gain the trust of clients and help boost its talent pool, Liu said at the company's annual general meeting in the northern Taiwanese city of Hsinchu.
(Reporting by Yimou Lee; Writing by Ben Blanchard; Editing by Muralikumar Anantharaman)
British security officials have told UK telecom operators to ensure they have adequate stockpiles of Huawei equipment due to fears that new U.S. sanctions will disrupt the Chinese firm's ability to maintain critical supplies, according to a letter.