NXP Semiconductors Divests Stake in Advanced Semiconductor Manufacturing Corporation Ltd.

EINDHOVEN, The Netherlands, April 19, 2017 (GLOBE NEWSWIRE) -- NXP Semiconductors N.V. (NASDAQ:NXPI) today announced that the company has sold its shares in Advanced Semiconductor Manufacturing Corporation Ltd. (ASMC).

The company sold 421.45 million shares, representing a 27.47 percent ownership in ASMC, for a total consideration of $53.7 million USD, or 0.99 HKD per share. The sale was made to Shanghai Pudong Science and Technology Investment Co., Ltd, (PDSTI). ASMC is traded on the Hong Kong Stock Exchange (stock code: 3355).

This announcement is for informational purposes only.

About NXP Semiconductors

NXP Semiconductors N.V. (NASDAQ:NXPI) enables secure connections and infrastructure for a smarter world, advancing solutions that make lives easier, better and safer. As the world leader in secure connectivity solutions for embedded applications, NXP is driving innovation in the secure connected vehicle, end-to-end security & privacy and smart connected solutions markets. Built on more than 60 years of combined experience and expertise, the company has 31,000 employees in more than 33 countries and posted revenue of $9.5 billion in 2016. Find out more at www.nxp.com.

For further information, please contact:

Investors:	
Jeff Palmer
jeff.palmer@nxp.com
+1 408 518 5411

Media:
Jacey Zuniga
jacey.zuniga@nxp.com
+1 512 895 7398

Primary Logo




Review Article Be the first to review this article
Aldec


Latest Blog Posts
Michelle Mata-ReyesAldec Design and Verification
by Michelle Mata-Reyes
ARM-based SoC Co-Emulation using Zynq Boards
Jobs
Senior Account Managers… FORMAL VERIFICATION...VALLEY for EDA Careers at San Jose, California
Sr. Application Engineer for Mentor Graphics at Fremont, California
Salesforce Technical Lead   East Coast  for EDA Careers at Cherry Hill, New Jersey
Hardware Engineer, Board Design for Arista Networks at Santa Clara, California
Senior Software Architect Internet for EDA Careers at San Jose, California
Upcoming Events
FLEX 2020 and MSTC 2020 at DoubleTree by Hilton 2050 Gateway Place San Jose CA - Feb 24 - 27, 2020
DVCon U.S. 2020 at DoubleTree Hotel San Jose CA - Mar 2 - 5, 2020
OFC 2020 - The Optical Networking and Communication Conference & Exhibition at San Diego Convention Center San Diego CA - Mar 8 - 12, 2020
DATE '2020 at ALPEXPO Grenoble France - Mar 9 - 13, 2020



© 2020 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise