TSMC paid NT$38.8 billion (US$1.2 billion) for two plants from AUO, media report, citing AUO Chair Paul Peng on the comp…
TSMC paid NT$38.8 billion (US$1.2 billion) for two plants from AUO, media report, citing AUO Chair Paul Peng on the company’s 3rd quarter call. AUO’s board has already approved the sale of the two display panel plants, one 5th generation and one Gen-7.5. The sale includes some equipment. TSMC is expected to gain 5.9 million sq. feet of usable floor space that it will convert for CoWoS advanced packaging. $Taiwan Semiconductor(TSM.US) #AUO #semiconductors
Source: Dan Nystedt
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.