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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
02/08/201606:13:32Report of Foreign Issuer (6-k)
02/02/201607:13:51Report of Foreign Issuer (6-k)
01/25/201606:08:07Report of Foreign Issuer (6-k)
01/15/201606:08:50Report of Foreign Issuer (6-k)
01/15/201603:02:00Apple's Suppliers Sound Revenue Warnings
01/14/201607:47:00Apple's Slowing iPhone Sales Take Bite Out of Suppliers' Revenue
01/14/201606:50:43Report of Foreign Issuer (6-k)
01/08/201606:14:58Report of Foreign Issuer (6-k)
01/05/201607:00:00DSP Group Unveils SparkPA, Highest RF Transmit Power CMOS Power...
12/28/201521:47:00Correction to Intel Completes Altera Acquisition Story
12/28/201517:10:00Intel Completes Acquisition of Altera
12/28/201506:09:31Report of Foreign Issuer (6-k)
12/10/201507:03:25Report of Foreign Issuer (6-k)
12/07/201518:02:00ADRs End Lower; Oil Majors Decline
12/07/201511:30:00Taiwan Semiconductor to Build Chip Plant in China
12/07/201506:09:11Report of Foreign Issuer (6-k)
12/03/201521:19:02Will Apple Finally Part Ways With Samsung?
12/03/201510:35:03How Large Will Apple Inc. Make Its A10 Chip?
12/02/201517:30:02Here’s Why These Analysts Think Taiwan Semiconductor Mfg. Co. L...
12/02/201516:00:02How Much Does the Apple Inc. A9X Chip Cost to Make?

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