TSMC may sell a stake to Chinese investors

Posted on Thursday, November 12 2015 @ 15:21 CET by Thomas De Maesschalck

Taiwanese foundry TSMC revealed it's exploring the possibility of selling a stake in itself to Chinese investors, if the price is right and the deal is beneficial to existing shareholders. Full details at EE Times:

Chang’s comment comes as Chinese investors such as Tsinghua Unigroup show an increased interest in taking stakes in Taiwanese chipmakers. Tsinghua last month bought a 25 percent stake in Taiwan chip packager Powertech, and it also expressed an interest in buying shares in MediaTek, Taiwan’s largest chip designer.

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Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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