by CIO Staff

TSMC to Invest In, Share Tech With XinTec

Oct 18, 20061 min
Data Center

Taiwan Semiconductor Manufacturing, the world’s largest contract chip maker, plans to invest in specialty chip packaging company XinTec.

XinTec makes a specialized glass-silicon sandwich package for certain kinds of chips, such as light detection sensors and image sensors used in digital cameras. Chip developers have been turning to more advanced chip packaging techniques to improve chip performance in recent years, enabling them to be smaller and more energy efficient for use in the ever-smaller, multi-function devices users demand.

The companies will also share information on chip manufacturing technologies and co-develop new production techniques, XinTec said in a statement.

TSMC said it will pay new Taiwanese $1.36 billion (US$41 million) for 90.5 million shares of XinTec. The purchase will reportedly raise TSMC’s stake in XinTec to around 51 percent.

-Dan Nystedt, IDG News Service (Taipei Bureau)

Related Links:

  • SMIC Widens Legal Battle With TSMC Countersuit

  • TSMC: SMIC Violated Terms of ’05 Settlement

Check out our CIO News Alerts and Tech Informer pages for more updated news coverage.