News Article
Eight inches still popular
Chartered completes acquisition of eight inch wafer fab in Singapore
Chartered Semiconductor Manufacturing, a semiconductor foundry, announced that it has completed the acquisition of 100 percent of the shares in Hitachi Semiconductor Singapore's 8 inch wafer fab from Hitachi and Hitachi Asia, for a total consideration of approximately US$240 million in cash, subject to a final working capital price adjustment, under the terms of the agreement executed on February 15, 2008.