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Texas Instruments plans up to $1 bln investment to expand Philippine facilities (www.reuters.com)

submitted 1 year ago by [email protected] to c/[email protected]

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[–] [email protected] 5 points 1 year ago

This is the best summary I could come up with:

MANILA, Aug 10 (Reuters) - Analog chipmaker Texas Instruments (TXN.O) is planning to invest up to $1 billion to expand its Philippine facilities, the Southeast Asian nation's presidential communications office said on Thursday.

Texas Instruments is set to submit in two weeks an application covering the expansion of its sites north of the capital Manila, the presidential office said.

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