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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Investment

Singapore’s Temasek seeking to sell Chartered Semi stake to TSMC

Posted on 27 October 2008

From Tradingmarkets.com: Singapore’s Temasek Holdings is seeking to sell its stake in Chartered Semiconductor Manufacturing Ltd and has approached Taiwan Semiconductor Manufacturing Co Ltd.

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….. Full Article: Source


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