Ad
Ad
Ad
Components | July 05, 2012

TSMS refutes interest in Renesas plant

Taiwan Semiconductor Manufacturing Co. has refuted rumours that the company is interested in acquiring a wafer plant from Renesas Electronics.
Morris Chang, founding chairman of the company, is cited in various regional newspapers in saying that TSMC has - despite its close business relationship - no intention to buy a 12-inch wafer plant from the Japanese partner.

Renesas, which has been unprofitable since it was established in 2010, announced a restructuring plan earlier this week. This not only includes a workforce reduction by 5'000 (12% of its global workforce), but also the closure / sale of up to 10 of its manufacturing facilities in Japan.

Comments

Please note the following: Critical comments are allowed and even encouraged. Discussions are welcome. Verbal abuse, insults and racist / homophobic remarks are not. Such comments will be removed.
Further details can be found here.
Ad
Ad
Load more news
September 15 2017 9:25 AM V8.7.1-2