COMPANIES

Vodafone In Talks To Sell Italian Unit To Swisscom

Vodafone may sell its Italian unit to Swisscom after rejecting merger offers from French billionaire Xavier Niel's Iliad group
British telecoms giant Vodafone is in advanced talks to sell its Italian unit to Switzerland's Swisscom, agreeing on a preliminary price of eight billion euros ($8.7 billion), the companies said Wednesday.
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Taiwanese semiconductor giant TSMC is opening an $8.6 billion chip-making facility in Japan's southern Kumamoto region

TSMC Diversifies Out Of Hotspot Taiwan With New Japan Plant

The $8.6-billion facility in the southern Kumamoto region showcases TSMC's efforts to make some of its strategically crucial chips elsewhere than hotspot Taiwan, as well as Japan's push to revive its once-dominant semiconductor sector.

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