TCL acquisition rumors: No agreement with ASM International

On October 8th, TCL Group issued a notice for the acquisition of a 25% stake in ASM International Technology Limited (hereinafter referred to as 'ASM Pacific'), which is a semiconductor equipment manufacturer, ASM International NV (hereinafter referred to as 'ASM International'). No written agreement has been signed with ASM International.

The TCL Group responded that the company focuses on the two core core industries of the semiconductor display industry and the smart terminal industry, and is based on technological innovation and business model innovation; new semiconductor display technologies and materials, artificial intelligence and big data, intelligent manufacturing and industrial internet are companies. Three major technical directions.

In view of this, TCL Group has paid attention to and researched a number of companies involved in related industries, including ASM Pacific, to understand the development prospects of related fields, and seek business development and cooperation opportunities. As of October 8, 2018, TCL Group and ASM International has made initial contact. The parties have not signed any written agreement or agreement, and there is no information that should be disclosed in accordance with the “Stock Exchange Listing Rules (Revised 2018)”. If any progress is made, TCL The Group will fulfill its information disclosure obligations in strict accordance with relevant regulations.

From the news of the TCL Group's consideration of cooperation with ASM Pacific, the company is actively looking for chip technology that can be used for itself and has its own patents. The industry believes that many domestic companies are now developing and investing in chip technology. If the TCL Group can successfully acquire, China may be able to make substantial progress in the field of chip technology.

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