TSMC and Nanjing Sign 12-inch Fab Investment Agreement

choi

(1) Press release: TSMC and Nanjing Sign 12-inch Fab Investment Agreement. TSMC, Mar 28, 2016.
http://www.tsmc.com/english/default.htm

(2) Faith Hung, Taiwan's TSMC Signs Deal to Build $3 billion Wafer Plant in China. Reuters, Mar 28, 2016
uk.reuters.com/article/us-tsmc-china-idUKKCN0WU0NT
(will be located in the Pukou Economic Development Zone 江苏南京浦口经济开发区)

Quote:

"The announcement comes after TSMC said in December it planned to set up its first wholly owned advanced fabrication plant in China

"TSMC had urged authorities [in China] to allow 12-inch facilities, which use more advanced technology processes than 8-inch plants, to be wholly owned out of concern for intellectual property protection. TSMC already has a wholly owned 8-inch chipmaking plant near Shanghai.

Note:
(a) In quotation 1, "its first wholly owned advanced fabrication plant" obviously emphasizes "advanced" rather than "wholly owned" -- referring to a 12-inch plant, because TSMC already has a 8-inch plant in China.
(b) There is no need to read the rest of Reuters report, which is based on the press release from TSMC.