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Philippines confirms $1 bln Texas Instruments plant

Wed May 2, 2007 9:28pm EDT

Stocks

   

MANILA, May 3 (Reuters) - The Philippine government confirmed on Thursday that U.S. semiconductor firm Texas Instruments Inc (TXN.N) would build a $1 billion plant in the country.

Press Secretary Ignacio Bunye said the plant would be located at the Clark economic zone north of Manila.



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