This joint venture is the latest in a series of creative arrangements by TI to add production capability in various regions of the world while reducing the financial risk inherent in the addition of large amounts of new capacity. In each case, investment-related costs have been shared with a strategic partner, with a customer or with a government. Recent examples include a submicron CMOS plant being built in Taiwan which was announced in May 1989 as a joint venture between TI and ACER Incorporated, and TI's wholly-owned submicron CMOS plant under construction in Avezzano, Italy, with the assistance of various incentives from the Italian Government. These initiatives are part of TI's strategy to deploy production capacity for advanced semiconductors through all of the world's major market regions, and reflect the company's long-term commitment to serving customers on a global basis. In November 1989, TI began construction of a dedicated research and development center in Tsukuba.
Japan is the largest American supplier of semiconductors to the Japanese market.
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