Wednesday, May 24, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Moderate GPU Sales in the First Quarter
Google To Employ Machine Learning To Ad Analytics
Crucial to Debut 128GB DDR4 LRDIMM Server Memory
Kodak EKTRA Camera-First Smartphone Launches in the United States
Huawei Unveils New Series of MateBook Devices
New Surface Pro Is Starting at $799, Windows 10 China Government Edition Anounced
GLOBALFOUNDRIES and Chengdu Invest in China-based FDX FD-SOI Design Centers
Researchers Develop "Value-Aware" SSD OPtimized For Image Recognition Systems
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > PC Parts > Philips...
Last 7 Days News : SU MO TU WE TH FR SA All News

Monday, March 12, 2007
Philips Sells 887 Million Shares in TSMC


Philips today announced it has sold approximately 887 million shares of common stock in Taiwan Semiconductor Manufacturing Company Ltd to long-term financial investors in Taiwan.

Through these transactions, Philips has implemented the first step of the multi-phased plan to facilitate an orderly exit from its shareholding in TSMC, which was announced on March 9, 2007.

The sale of these shares, closed today, will provide Philips with proceeds of approximately EUR 1,300 million, and will result in a non-taxable gain of approximately EUR 725 million in Philips? financial results for the first quarter of 2007.

As a result of this transaction, Philips currently holds approximately 3,301 million shares in TSMC, reflecting a lowering of Philips' holding in TSMC from 16.2 percent to 12.8 percent.


Previous
Next
Corsair Showcases Families of Products at CeBIT        All News        Gecube at CeBIT 2007
Corsair Showcases Families of Products at CeBIT     PC Parts News      TDK New GBDisk RA6 Series of Silicon Disks Features Defective Block Management

Get RSS feed Easy Print E-Mail this Message

Related News
TSMC's April Revenue Decreased
TSMC To Start Producing A11 InFo Chips For New iPhone In April
TSMC May Build 3nm Chip Foundry In The U.S.
TSMC Receives HPC Chip Orders From Nvidia, Qualcomm
Foxconn, TSMC To Bid Together For Toshiba's Memory Business , Says Paper
TSMC Outlines Its 5nm Road Map
TSMC, Samsung Take Different Approaches For 7nm
TSMC, Mentor Graphics To Enable Design and Verification Tools for New InFO Technology Variants
TSMC To Build New Fab for 3nm
ARM Physical IP for TSMC 7nm Process Technology Now Available
TSMC And IBM Detail Their 7nm Progress At 2016 IEDM
TSMC To Relabel Manufacturing Process As 12nm

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .