English
TSMC to Sell 5.1% of Xintec Inc.
Hsinchu, Taiwan, R.O.C. – April 8, 2016 - TSMC (TWSE: 2330, NYSE: TSM) today announced to sell 5.1% ownership of Xintec Inc (“Xintec”). TSMC obtained 10.2% Xintec ownership from its purchase of OmniVision Technologies, Inc.’s 49.1% ownership in VisEra Holding Cayman, Ltd. and 100% ownership in Taiwan OmniVision Investment Holding Co. Inc. (renamed as Chi Cherng Investment Co., Ltd.) on November 20, 2015. Of the above 10.2% Xintec ownership, 5.1% was sold on November 30, 2015. The remaining 5.1% announced to be sold today was released from the IPO lock-ups on March 30, 2016.
After the Xintec shares sales, TSMC will remain as the largest shareholder of Xintec with approximately 41% ownership. TSMC announces that it has no plan to sell more Xintec shares in the foreseeable future. TSMC expects to continue its close collaboration with Xintec in the business areas of CMOS image sensor, MEMS, and etc.
|
||||||
Related News
- TSMC to Sell 5.1% of Xintec Inc.
- TSMC to Sell 5% of Vanguard International Semiconductor
- MindTree's Q2 Revenue Grows 5.1% QoQ in Dollar Terms; 3.4% in Rupee Terms
- M31 Completes Validation of 7nm ONFI 5.1 I/O IP - Targeting for the Global AI Big Data Storage Market
- Mobiveil and InPsytech Announce Successful Inter-Op Verification of Enterprise Flash Controller Design IP and ONFI 5.1 PHY IP
Breaking News
- Frontgrade Gaisler Unveils GR716B, a New Standard in Space-Grade Microcontrollers
- Blueshift Memory launches BlueFive processor, accelerating computation by up to 50 times and saving up to 65% energy
- Eliyan Ports Industry's Highest Performing PHY to Samsung Foundry SF4X Process Node, Achieving up to 40 Gbps Bandwidth at Unprecedented Power Levels with UCIe-Compliant Chiplet Interconnect Technology
- CXL Fabless Startup Panmnesia Secures Over $60M in Series A Funding, Aiming to Lead the CXL Switch Silicon Chip and CXL IP
- Cadence Unveils Arm-Based System Chiplet
Most Popular
- Cadence Unveils Arm-Based System Chiplet
- CXL Fabless Startup Panmnesia Secures Over $60M in Series A Funding, Aiming to Lead the CXL Switch Silicon Chip and CXL IP
- Esperanto Technologies and NEC Cooperate on Initiative to Advance Next Generation RISC-V Chips and Software Solutions for HPC
- Eliyan Ports Industry's Highest Performing PHY to Samsung Foundry SF4X Process Node, Achieving up to 40 Gbps Bandwidth at Unprecedented Power Levels with UCIe-Compliant Chiplet Interconnect Technology
- Arteris Selected by GigaDevice for Development in Next-Generation Automotive SoC With Enhanced FuSa Standards
|
E-mail This Article | 
|
|
Printer-Friendly Page |