Advanced Semiconductor Engineering Inc (
Advanced Semiconductor will complete the purchase of NEC's IC packaging and testing division in May, the companies said in a statement. Kaohsiung-based Advanced Semiconductor agreed to buy NEC's operations for about US$40 million, a person involved in the transaction said earlier.
The purchase will spur sales at Advanced Semiconductor by at least US$100 million this year, the person said, asking not to be identified.
Credit Suisse First Boston is advising both companies on the transaction, Advanced Semiconductor spokesman Freddie Liu (
The two companies said today they plan to discuss further cooperation in the future. Advanced Semiconductor expects to win orders from the seller of the chip-assembly business as well as from other chipmakers in Japan, Joseph Tung (董宏思), the company's chief financial officer, said on Monday.
Advanced Semiconductor yesterday reported a third straight quarter of profit as sales climbed by two-fifths on stronger demand from companies that make cell-phones and other telecommunications equipment.
Net income was NT$2.1 billion (US$30 million) for the three months ended Dec. 31, compared with a loss of NT$28.9 million a year ago.
Kawasaki-based NEC Electronics is the world's largest maker of chips for mobile-phone screens.
CHIP HANG-UP: Surging memorychip prices would deal a blow to smartphone sales this year, potentially hindering one of MediaTek’s biggest sources of revenue MediaTek Inc (聯發科), the world’s biggest smartphone chip designer, yesterday said its new artificial intelligence (AI) chips used in data centers are to account for 20 percent of its total revenue next year, as cloud service providers race to deploy AI infrastructure to meet voracious demand. MediaTek is believed to be developing tensor processing units for Google, which are used in AI applications. While it did not confirm such reports, MediaTek said its new application-specific IC (ASIC) business would be a new growth engine for the company. It again hiked its forecast for the addressable ASIC market to US$70 billion by 2028, compared
MediaTek Inc (聯發科), the world’s biggest smartphone chip supplier, yesterday said it plans to double investment in data center-related technologies, including advanced packaging and high-speed interconnect technologies, to broaden the new business’ customer and service portfolios. The chip designer is redirecting its resources to data centers, mainly designing application-specific integrated circuits (ASIC) with artificial intelligence (AI) capabilities for cloud service providers. The data center business is forecast to lead growth in the next three years and become the company’s second-biggest revenue source, replacing chips used in smart devices, MediaTek president Joe Chen (陳冠州) told a media event in Taipei. “Three or four years
Until US President Donald Trump’s return a year ago, when the EU talked about cutting economic dependency on foreign powers — it was understood to mean China, but now Brussels has US tech in its sights. As Trump ramps up his threats — from strong-arming Europe on trade to pushing to seize Greenland — concern has grown that the unpredictable leader could, should he so wish, plunge the bloc into digital darkness. Since Trump’s Greenland climbdown, top officials have stepped up warnings that the EU is dangerously exposed to geopolitical shocks and must work toward strategic independence — in defense, energy and
Motorists ride past a mural along a street in Varanasi, India, yesterday.
RSS