5 August 2012 Last updated at 21:32 ET
The chief executive of ASML has been seeking investment from key customers such as TSMC
Taiwan Semiconductor Manufacturing Company (TSMC) has agreed to invest 1.1bn euro ($ 1.4bn; £872m) in ASML, the world's largest manufacturer of chip-making equipment.
TSMC will invest 276m euro in ASML's research programmes and a further 838m euro to acquire a 5% stake in the firm.
The research programmes will focus on developing equipment to manufacture smaller and more cost-effective chips.
Intel, the world's biggest chipmaker, has signed a similar deal with ASML.
Shang-yi Chiang, TSMC's co-chief operating officer, said that one of
Sunday, 5 August 2012
TSMC eyes future with $1.4bn deal
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment