TradingMarkets.com, 26 Oct 2008
TAIPEI, Oct 27, 2008 (XFN-ASIA via COMTEX)-- Singapore's Temasek Holdings is seeking to sell its stake in Chartered Semiconductor Manufacturing Ltd and has approached Taiwan Semiconductor Manufacturing Co Ltd, the Economic Daily News reported, citing market rumors.
Temasek currently holds 60 pct of Chartered Semiconductor, which has a 7.4 pct share of the semiconductor contract manufacturing market.
TSMC commands about half of the semiconductor foundry market, it reported.
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Related News:
TSMC: No comment on Chartered stake sale report - Reuters, 27 Oct 08
