TECH - Taiwan Semiconductor's Expansion Spurs Luxury Market in Kumamoto: Report | Benzinga
Taiwan Semiconductor Manufacturing (NYSE:TSM) is ramping up production at its first Japanese plant, drawing attention from local department stores eager to cater to the incoming executives.
Tsuruya Department Store in Kumamoto is one such retailer.
It boosts its luxury offerings, including fine wines and designer bags, to attract high-spending visitors.
The influx of executives and their families will likely grow, creating a surge in demand for premium goods, the Nikkei Asia reports.
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