Home › Taiwan's ASE offers to buy Siliconware Precision to deflect China rival bid
 

Keywords :   


Taiwan's ASE offers to buy Siliconware Precision to deflect China rival bid

2015-12-14 14:22:56| Semiconductors - Topix.net

Dec 14 Taiwan's Advanced Semiconductor Engineering Inc said on Monday it will increase its stake in rival Siliconware Precision Industries Co Ltd to make it a wholly owned unit in a bid to deflect a Chinese rival's plan to buy into the company. ASE's plan, approved by its board, comes after Siliconware Precision, also known as SPIL, said on Friday that China's state-backed technology conglomerate Tsinghua Unigroup will take a quarter stake in the company at T$55 a share.

Tags: buy china offers bid

Category:Electronics and Electrical

Latest from this category

All news
»
29.06Eastern North Pacific Tropical Weather Outlook
29.06Atlantic Tropical Weather Outlook
29.06Tropical Storm Beryl Graphics
29.06Tropical Storm Beryl Forecast Discussion Number 2
29.06Tropical Storm Beryl Public Advisory Number 2
29.06Summary for Tropical Storm Beryl (AT2/AL022024)
29.06Tropical Storm Beryl Wind Speed Probabilities Number 2
29.06Tropical Storm Beryl Forecast Advisory Number 2
More »