Feeds

Taiwan chip foundries merge

TSMC to buy WSMC in share swap, other deals to follow

  • alert
  • submit to reddit

Maximizing your infrastructure through virtualization

Taiwan Semiconductor Manufacturing Company (TSMC) has bought its second chip maker in as many weeks. The foundry has announced a share swap which will see it merge with rival Worldwide Semiconductor Manufacturing Corporation (WSMC). The deal, to be finalised on 30 June, will see one TSMC share exchanged for every two WSMC shares, and will be worth around NT$17 billion (US$550.5 million). The company will trade as TSMC. WSMC is currently Taiwan's third biggest semiconductor foundry, with an eight-inch fab using 0.25 micron and 0.18 micron process technologies. Production from a second eight-inch WSMC wafer fab is due to kick off in March. The move follows TMSC's merger with Acer's chip arm, Taiwan Semiconductor-Acer Semiconductor Manufacturing Corp (TASMC), on 29 December. The two mergers are expected to swell TSMC's capacity to a throbbing 3.4 million eight-inch wafers in 2000, from its current 2.8 million. TSMC chairman Morris Chang was reported to have said his company's appetite for buyouts was unsated. "I cannot comment on individual cases, but we don't overlook any opportunities for mergers or alliances," he told Reuters. ® Related stories TSMC Acer to boost output by 40pc Acer Semi to merge with TSMC?

Top three mobile application threats

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Nadella: Apps must run on ALL WINDOWS – PCs, slabs and mobes
Phone egg, meet desktop chicken - your mother
White? Male? You work in tech? Let us guess ... Twitter? We KNEW it!
Grim diversity numbers dumped alongside Facebook earnings
Microsoft: We're making ONE TRUE WINDOWS to rule us all
Enterprise, Windows still power firm's shaky money-maker
HP, Microsoft prove it again: Big Business doesn't create jobs
SMEs get lip service - what they need is dinner at the Club
ITC: Seagate and LSI can infringe Realtek patents because Realtek isn't in the US
Land of the (get off scot) free, when it's a foreign owner
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Application security programs and practises
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.