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Deal-shy chipmaker TSMC says it's open to memory acquisition
TAIPEI , Sept. 06, 2018 –
Taiwan Semiconductor Manufacturing Co. "will not rule out the possibility" of buying a memory chip company, Chairman Mark Liu told the Nikkei Asian Review, as the world's biggest contract chipmaker and key Apple supplier looks beyond the slowing smartphone market.
The comment by Liu, who succeed founder Morris Chang as chairman earlier this year, marks a rare statement on the possibility of acquisitions by the risk-averse manufacturer and comes as its mobile-driven earnings slow.
Liu did not identify potential acquisition targets when he spoke with Nikkei on the sidelines of this week's SEMICON Taiwan event, a must-attend trade fair for the semiconductor industry.
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