Apple (AAPL) announced that it has welcomed key manufacturing partners Taiwan Semiconductor Manufacturing Company (TSM) and Murata Manufacturing as new investors in the Restore Fund, which is designed to scale global investment in high-quality, nature-based carbon removal while protecting critical ecosystems. “Global semiconductor foundry TSMC will invest up to $50M in a fund managed by Climate Asset Management, a joint venture of HSBC Asset Management and Pollination. Murata – an iPhone supplier based in Japan – will invest up to $30M in the same fund. These new investments build on Apple’s previous commitment of up to $200M for the Restore Fund’s second phase, bringing the total to $280M in committed capital,” Apple reported.
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