Online information source for semiconductor professionals
Chartered Semiconductor raises US$300 million
Popular articles
Oberai discusses Magma’s move into solar PV yield management space - 29 August 2008
Samsung and Micron gain most market share in DRAM crisis - 17 February 2009
TSMC hosts 2008 Green Forum on ‘green’ factories - 31 October 2008
Micron moving fast on Hynix in Q208 NAND flash rankings, says iSuppli - 19 August 2008
Numonyx to close California Technology Center - 12 August 2008
Chartered Semiconductor Manufacturing Ltd. has raised approximately US$300 million in a successful new rights offering, boosting its capital position, which will allow for further capacity and technology migration at its 300mm fab in Singapore.
The Rights Offering was said to be oversubscribed with Subscriptions and Excess Applications totalling approximately 144% of the total number of 6,869,926,194 Rights Shares offered for subscription.