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The German Competition Authority cleared plans by Bosch, Infineon and NXP to each acquire 10% of the shares in European Semiconductor Manufacturing Company (ESMC), a company established by TSMC to build and operate a semiconductor factory in Dresden, Germany.
“The Bundeskartellamt has cleared plans by Bosch, Infineon and NXP to each acquire 10 per cent of the shares in European Semiconductor Manufacturing Company (ESMC), a company established by Taiwan Semiconductor Manufacturing Company (TSMC).”concurrences.com
Summarized from public sources; check the original articles before acting on it.