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Business News Archive - August 06, 2012

Taiwan Semiconductor Manufacturing Invests In ASML

In order to speed up the pace of production of faster and more power efficient computer chips, Taiwan Semiconductor Manufacturing Co. (TSMC) has announced they are investing in ASML, a tool maker from the Netherlands.

Word of the Day
caparison
  • A cloth or covering, more or less ornamented, laid over the saddle or furniture of a horse, especially of a sumpter-horse or horse of state.
  • Clothing, especially sumptuous clothing; equipment; outfit.
  • To cover with a caparison, as a horse.
  • To dress sumptuously; adorn with rich dress.
This word ultimately comes from the Medieval Latin 'cappa,' cloak.
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