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TSMC to buy Atmel's 8-inch wafer fab equipment
TSMC has said it has signed a deal with Atmel to buy the firm's eight-inch wafer fab equipment in Britain for $82 million.
TSMC has said it has signed a deal with Atmel to buy the firm's eight-inch wafer fab equipment in Britain for $82 million. Both companies agreed not to disclose other terms of the contract, but the deal came amid a chip upturn driven by growing demand for personal computers and consumer gadgets.
"TSMC is committed to providing our customers with the most competitive foundry services, both in advanced and mature technologies," C.C. Wei, a TSMC vice president, said in a statement.
"This transaction is part of our eight-inch wafer strategy, and part of the wafer fabrication equipment may be transferred to TSMC (Shanghai), our fully owned subsidiary in mainland China, for capacity expansion next year," Wei said.
Atmel said on Monday it was selling its semiconductor manufacturing plant in England for $124 million but the identity of the buyer is unknown.
Atmel said it would continue to make chips at the North Tyneside plant in England into the first quarter of 2008.
"TSMC is committed to providing our customers with the most competitive foundry services, both in advanced and mature technologies," C.C. Wei, a TSMC vice president, said in a statement.
"This transaction is part of our eight-inch wafer strategy, and part of the wafer fabrication equipment may be transferred to TSMC (Shanghai), our fully owned subsidiary in mainland China, for capacity expansion next year," Wei said.
Atmel said on Monday it was selling its semiconductor manufacturing plant in England for $124 million but the identity of the buyer is unknown.
Atmel said it would continue to make chips at the North Tyneside plant in England into the first quarter of 2008.
