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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: StanX Long who wrote (60869)	2/22/2002 12:41:02 AM
From: StanX Long	Read Replies (1) \| Respond to of 70976

Philips, STMicro and TSMC reportedly plan 300-mm venture Semiconductor Business News (02/21/02 11:07 a.m. EST) siliconstrategies.com AMSTERDAM -- Royal Philips Electronics N.V. and STMicroelectronics are planning to announce a 300-mm wafer fab joint venture with silicon foundry giant Taiwan Semiconductor Manufacturing Co. Ltd., according to an unidentified industry source quoted today by the Reuters news agency here. The news service said an announcement is expected in March, but Philips in the Netherlands refused to comment on the report, said Reuters. Philips is TSMC's largest shareholder, with about 30% of the company. STMicroelectronics, the Franco-Italian chip maker based in the Geneva area, also declined to comment on the report when contacted by SBN. TSMC officials in Taiwan were not available for a comment early today.