Philips Completes Exit of TSMC Shareholding
Philips today sold all of its remaining TSMC common shares through a block trade to long-term financial investors mutually agreed by Philips and TSMC.
Ms. Lora Ho, TSMC Vice President and Chief Financial Officer said: “We are pleased that Philips has successfully exited its holding of TSMC shares. In addition, this block trade does not alter TSMC’s stock buyback program which started on August 13. Meanwhile, we reiterate our commitment to maintaining our current annual cash dividend per share or steadily increase the amount.”
|
Related News
- Philips and TSMC Announce Joint Plan to Facilitate Orderly Exit by Philips from TSMC Shareholding
- Floadia Completes eFlash IP Qualification on TSMC 130BCD plus Process and Achieves the World's Highest Data Retention for 10 Years at 200°C
- TSMC Japan 3DIC R&D Center Completes Clean Room Construction in AIST Tsukuba Center
- M31 Completes the Comprehensive Physical IP Platform on TSMC 22nm Process
- Synopsys' IC Compiler II Completes Certification for TSMC's 12-nm Process Technology
Breaking News
- Silicon Creations Reaches Milestone of 10 Million Wafers in Production with TSMC
- Analog Bits to Demonstrate Numerous Test Chips Including Portfolio of Power Management and Embedded Clocking and High Accuracy Sensor IP in TSMC N3P Process at TSMC 2024 North America Technology Symposium
- T2M-IP Unveils Revolutionary MIPI D-PHY & DSI Controller IP Cores with speed 2.5Gbps/lane, Redefining High-Speed Data Transfer and Display Interfaces
- Omni Design Technologies Joins Intel Foundry Accelerator IP Alliance
- Efabless Announces the Release of the OpenLane 2 Development Platform, Transforming Custom Silicon Design Flows
Most Popular
- GUC provides 3DIC ASIC total service package to AI/HPC/Networking customers
- Omni Design Technologies Joins Intel Foundry Accelerator IP Alliance
- Faraday Partners with Arm to Innovate AI-driven Vehicle ASICs
- Semiconductor Capacity Is Up, But Mind the Talent Gap
- Efabless Announces the Release of the OpenLane 2 Development Platform, Transforming Custom Silicon Design Flows
E-mail This Article | Printer-Friendly Page |