00:00Two of the world's largest chip firms have announced a partnership on a vertically integrated manufacturing base in the U
00:07.S.
00:07Taiwan's TSMC and Amcor, the biggest chip packaging company in the U.S., announced a 10-year agreement to localize
00:14semiconductor production in Arizona.
00:17The deal will see Amcor build a new $7 billion facility near TSMC's U.S. factory in Phoenix.
00:23Packaging is the final stage of the chip manufacturing process where silicon components are encased in a protective layer.
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