Saturday, May 28, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Nvidia's GeForce GTX 1080 Launches Wordlwide
Corsair Bulldog PC Is Seeking A Place In Your Living Room
Samsung Galaxy C5 and C7 Released In China
SSD Adoption in Notebooks To Increase This Year As TLC NAND Market Matures
Samsung To Launch SamsungPay Mini Online Payments App
Facebook Publishers To Show Ads To Everyone
Samsung and Warner Bros. Release The Samsung Galaxy S7 edge Injustice Edition
Acer At Computex 2016
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 to Boost R&D Spending To Accelerate Development Of More Advanced Chips
ARM And TSMC Validate First Multicore Test Chip Based on 10FinFET Technology
TSMC On Track To Move InFO Packaging Technology to Volume Production
TSMC Forecasts Slow Sales Amid Smartphone Slowdown
TSMC To Build 12-inch Fab In China
ARM and TSMC To Collaborate on 7nm FinFET Process Technology
Samsung Lost iPhone 7 Chip Contract
Philips Is The Top Patent Applicant At the European Patent Office
TSMC Says Recent Earthquake Damaged Wafers
TSMC Wins Exclusive Chip Contract For Next iPhone: report
Chip Makers Differientate In terms Of Equipment Investments
Taiwan Earthquake Temporarily Suspended TSMC's And UMC's Production

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .