Founded in 1990 by three M.I.T. researchers, iRobot introduced its vacuum in 2002. Its restructuring will turn the company over to its largest creditor.
Roomba vacuums on display in California last year. The chief executive of iRobot said the companyβs acquisition by its Chinese supplier would secure its βlong-term future.β
European chipmakers need TSMCβs help to grow their own semiconductor supply chain, but the chip giantβs Taiwanese suppliers find Europe a tough place to do business.
TSMC is teaming up with European chipmakers to build a factory near Dresden, Germany, as Europeβs need to make its own chips has grown more pressing.