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US chipmaker GlobalFoundries asks China to probe TSMC

Already under EU investigation, Taiwan company now accused of unfair competition

TAIPEI , Mar. 07, 2018 – 

GlobalFoundries, the second-largest contract chipmaker in the world, has asked Chinese regulators to probe market leader Taiwan Semiconductor Manufacturing Co. for violating antitrust laws, said two industry sources familiar with the matter.

GlobalFoundries told China's National Development and Reform Commission that TSMC adopted unfair practices to discourage customers from placing orders with others, said a source. GlobalFoundries complained that such moves negatively affected its business and the industry, the source said.

Without referring directly to any complaint, TSMC Senior Vice President and Chief Financial Officer Lora Ho wrote in an email to the Nikkei Asian Review on Wednesday: "It is common practice for a complainant alleging antitrust violation to petition the various antitrust regulators in major markets. We will cooperate fully should there be inquiries or requests from regulators regarding any investigation."

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