Advanced Semiconductor Manufacturing Corporation

GTA Semiconductor, a subsidiary of China Electronics Corporation, is acquiring Advanced Semiconductor Manufacturing Corporation Limited (ASMC) by merger for approximately HK$2.3 billion. ASMC's H-shares will be delisted from the Hong Kong Stock Exchange on 25 January 2019.

Advanced Semiconductor Manufacturing Corporation (ASMC) signed a new framework foundry agreement with Shanghai Belling to produce 5, 6, and 8-inch semiconductor wafers. The agreement runs from November 8, 2018 to November 7, 2019, with an annual cap of 34 million yuan.

Shanghai GTA Semiconductor Co., Ltd. and Advanced Semiconductor Manufacturing Corporation (ASMC) announced a merger agreement on October 30, 2018, under which GTA will absorb ASMC, with ASMC shares to be cancelled and its listing revoked.

Jita Semiconductor and Advanced Semiconductor announced a merger agreement on October 30, 2018, under which Jita will absorb Advanced Semiconductor by paying approximately RMB 2 billion to shareholders. Advanced Semiconductor will be delisted and dissolved.

NXP Semiconductors sold its approximately 27.5% ownership stake in Advanced Semiconductor Manufacturing Corporation (ASMC) to Shanghai Pudong Science and Technology Investment for $53.7 million.