The Digital Source For China's Tech Innovation Since 2000

Search
Close

Dutch Semiconductor Giant Acquires Taiwanese Competitor

June 23, 2016
Business | Gadgets & Electronics

Dutch semiconductor device giant ASML Holdings NV has agreed to acquire its Taiwanese competitor Hermes Microvision for about NTD100 billion, which is about USD3.1 billion, aiming to enhance its high-tech services to semiconductor manufacturers.

The two parties jointly announced the deal while industrial participants like TSMC are seeking to develop advanced processes to respond to the demands of consumer electronics manufacturers. TSMC is a world-leading wafer foundry and it is a client of ASML.

ASML and Hermes Microvision said in a statement that this transaction will not only further integrate the technologies of the two parties, but also will enrich their product portfolio and accelerate product development.

The two companies said that ASML's acquisition of Hermes Microvision will be partially realized through the issuance of about EUR1.5 billion bonds.

Tags: acquisition | ASML | foundry | manufacturing | Microvision | Netherlands | semiconductor | Taiwan | Taiwan Semiconductor Manufacturing Company | TSMC | wafer

Other Related News:

Lenovo Reports Quarterly Results

November 1, 2005

Display Fingerprint Technology Market Growth, Overview with Detailed Analysis 2020-2026 Fingerprint Cards AB, NEC Corporation, Qualcomm Incorporated, Shenzhen Goodix, Synaptics Incorporated, FocalTech, GigaDevice, Vkansee and more

October 18, 2021

Lenovo, Compal's JV Formally Starts Production

January 1, 2013

Thoroughbred Financial Services LLC Increases Position in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

December 15, 2021

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Shares Acquired by Parallel Advisors LLC

September 5, 2021

The first 5 thousand Arm-processors Baikal-M arrived in Russia from Taiwan

October 15, 2021

Nia Impact Advisors LLC Acquires 7,196 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

July 30, 2021

Huawei to invest $632 million to build new digital energy HQ in Shenzhen

February 19, 2022

M&G Investment Management Ltd. Sells 6,599 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Watch List News

January 9, 2022
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
Menu
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2022 ChinaTechNews.com. A Service of Asia Media Network.
Twitter
Posting....