TSMC paid NT$38.8 billion (US$1.2 billion) for two plants from AUO, media report, citing AUO Chair Paul Peng on the company’s 3rd quarter call. AUO’s board has already approved the sale of the two display panel plants, one 5th generation and one Gen-7.5. The sale includes some equipment. TSMC is expected to gain 5.9 million sq. feet of usable floor space that it will convert for CoWoS advanced packaging. $TSM #AUO #semiconductors https://money.udn.com/money/story/5612/9844794?from=edn_subcatelist_cate