Trade Resources Company News Samsung and TSMC Have 45 Days to Take up The Offer to Invest in ASML

Samsung and TSMC Have 45 Days to Take up The Offer to Invest in ASML

Tags: Samsung, TSMC, ASML, Intel

Samsung and TSMC have 45 days to take up the offer to invest in ASML.

ASML says it has offered Samsung and TSMC the same deal for equity investment+equipment procurement+R&D support which Intel accepted earlier this week.

The deal is that the companies can take a total of 25%of the equity of ASML at a price of $2bn per 10%plus a commitment to buy equipment and support ASML's R&D.

Intel has bought 10%and may be allowed another 5%.It cannot hold more than 15%says ASML.If it takes the extra 5%,Intel will have invested a total of $3bn in ASML equity plus$1bn in ASML's R&D programmes.

One programme,the EUV programme,needs to increase its 4000 engineers by 30%,says ASML.

TSMC says it has received the offer from ASML and is evaluating it.Samsung is talking to ASML about it.The two companies can take the remaining 10%equity holding on offer but,if they don't,other companies will be invited to come in.

Source: http://www.electronicsweekly.com/Articles/2012/07/11/54100/tsmc-and-samsung-have-45-days-to-invest-in-asml.htm
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TSMC and Samsung Have 45 Days to Invest in ASML