Friday, September 18, 2009
Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC) is trying to make good on its stated efforts to enter the solar and LED markets.
TSMC (Hsinchu, Taiwan) is mulling over a plan to acquire Philips Lumiled Lighting Co., a supplier of LEDs, according to media reports in Taiwan. Lumileds began as the optoelectronics division in Hewlett-Packard (HP) almost 40 years ago. In 2005, Royal Philips Electronics acquired that business.
According to Digitimes, TSMC is also mulling a plan to acquire Toyoda Gosei for its LED patents.
TSMC is also seeking an investment in the solar field. In August, the foundry giant took a step into the solar sector and confirmed its capital spending plans. It approved the appropriation of $50 million for ''possible use'' in investment in solar energy-related areas and LEDs. No details were given at the time.
By: DocMemory
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