Intel announced the acquisition of Tower Semiconductor last year, but it has not been successful so far.

(Associated Press)

[Financial Channel/Comprehensive Report] In order to compete with TSMC and Samsung (Samsung), Intel (Intel) announced in February last year that it would acquire Israel's chip foundry - Tower Semiconductor (Tower Semiconductor) for US$5.4 billion (approximately NT$163.8 billion). It was originally expected to complete the transaction within one year, but the Chinese regulator has not yet approved it, which has resulted in the transaction still being unresolved.

According to comprehensive foreign media reports, Intel originally hoped to achieve multiple goals through the acquisition of Gaota Semiconductor, including acquiring more customers, expanding production capacity, and acquiring a more experienced chip manufacturing team.

Please read on...

Intel recently stated that it will try its best to complete the acquisition before next week, that is, before the end of the first quarter, but the final transaction may be later than originally expected. Since China’s regulatory approval has not yet been approved, it is estimated that it may be delayed until the end of June. chance to complete.

If Chinese regulators continue to delay or even reject Intel's acquisition, Intel is likely to follow in the footsteps of Qualcomm's failed acquisition of NXP, and it is bound to disrupt Intel's strategic transformation plan.

Grasp the pulse of the economy with one hand I subscribe to Free Finance Youtube channel

Already added friends, thank you

Welcome to 【Free Finance】

feel good

Already liked it, thank you.

related news