China’s Tsinghua Unigroup invests in Taiwan’s Powertech

November 2, 2015 — Tsinghua Unigroup Ltd., a Chinese government-owned chipmaker will make a $600 million investment in Powertech Technology of Taiwan, according to multiple reports. Powertech Technology, which specializes in chip packaging and testing, will hand over 25% of the company in exchange, after new shares are issued.

According to the Wall Street Journal, Powertech will use the funds to “help it expand its assembly capacity in Taiwan, develop advanced production processes and recruit talent. It would also become Tsinghua Unigroup’s major chip assembly and testing partner.”

Tsinghua is the largest chip design company in China, and earlier this year attempted to acquire Micron Technology with a $23 billion bid. That bid ultimately failed, but it hasn’t stopped Tsinghua from investing in other US companies in the industry, including Western Digital ($3.78 billion for 15%) and Hewlett-Packard’s data-networking business (51%, $2.3 billion).

This continues the unprecedented consolidation that has come to the semiconductor industry in 2015. A trend that has shown no signs of slowing as we enter 2016.

##

To help readers follow this constantly changing situation, Solid State Technology is keeping a running scorecard of all the significant transactions in the semiconductor market here: Historic era of consolidation for chipmakers.

 

 

POST A COMMENT

Easily post a comment below using your Linkedin, Twitter, Google or Facebook account. Comments won't automatically be posted to your social media accounts unless you select to share.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

LIVE NEWS FEED

NEW PRODUCTS

Versatile high throughput SEM from JEOL
11/04/2015JEOL's new JSM-IT100 is the latest addition to its InTouchScope Series of Scanning Electron Microscopes....
Greenpeak and Dusan Launch Smart Parking system
09/14/2015GreenPeak Technologies and Dusun Electron Ltd recently announced a partnership with the launch of their first Smart City assisted parking application tha...
Greenpeak and Dusan Launch Smart Parking system
09/14/2015GreenPeak Technologies and Dusun Electron Ltd recently announced a partnership with the launch of their first Smart City assisted parking application tha...