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TSMC, ARM Sign Long-Term Strategic Agreement On Processors

TAIPEI -(Dow Jones)- Taiwan Semiconductor Manufacturing Co. (TSM) and U.K.-based chip design company ARM Holdings PLC (ARM.LN) said Tuesday they signed a long-term strategic agreement that provides TSMC with access to a broad range of ARM processors. Analysts said the move will further strengthen TSMC's dominant position in the foundry market by securing ARM Holdings' patents for its customers such as Nvidia Corp. and Qualcomm Inc. TSMC is the world's largest contract chip maker by revenue. The companies didn't disclose the financial terms of the alliance. ARM Holdings, whose chips are a mainstay in cellphones, provides chip technology for Apple Inc.'s iPad tablet PC. "This new agreement assures the industry that ARM and TSMC will collectively provide IP (intellectual property) development leadership for advanced process technologies well into the future," the companies said in a joint statement. -By Lorraine Luk, Dow Jones Newswires; 8862-25022557; lorraine.luk@dowjones.com

Stock News for Taiwan Semicond (TSM)
DateTimeHeadline
06/24/201606:07:44Report of Foreign Issuer (6-k)
06/16/201610:40:00ASML Paying $3.09 Billion to Buy Taiwan Chip-Tech Firm Hermes...
06/08/201607:12:03Report of Foreign Issuer (6-k)
06/07/201607:19:31Report of Foreign Issuer (6-k)
06/07/201606:13:35Report of Foreign Issuer (6-k)
05/27/201606:05:27Specialized Disclosure Report (sd)
05/25/201616:12:00Report of Foreign Issuer (6-k)
05/17/201606:23:19Report of Foreign Issuer (6-k)
05/10/201607:02:43Report of Foreign Issuer (6-k)
05/10/201606:17:04Report of Foreign Issuer (6-k)
04/26/201606:11:16Report of Foreign Issuer (6-k)
04/15/201606:11:53Report of Foreign Issuer (6-k)
04/14/201606:16:36Report of Foreign Issuer (6-k)
04/11/201608:20:59Report of Foreign Issuer (6-k)
04/11/201607:54:29Annual and Transition Report (foreign Private Issuer) (20-f)
04/08/201606:50:33Report of Foreign Issuer (6-k)
04/08/201606:16:36Report of Foreign Issuer (6-k)
03/29/201606:13:07Report of Foreign Issuer (6-k)
03/28/201608:26:32Report of Foreign Issuer (6-k)
03/21/201606:12:25Report of Foreign Issuer (6-k)

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