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Taiwan Semiconductor Acquires Fairchild TVS Taiwan Semiconductor Acquires Fairchild TVS Portfolio from ON Semiconductor

04 - 07 - 2018

Taipei, Taiwan — June 26, 2018 — Taiwan Semiconductor (TPEX: 5425.TWO) today announces a definitive agreement to acquire the Fairchild Semiconductor product line of transient voltage suppressor (“TVS”) Diodes from ON Semiconductor for up to $ 7.1 million, subject to customary adjustments. Through this transaction, Taiwan Semiconductor assumes ownership of the Fairchild TVS Diode product line, and obtains the rights to a nonexclusive license to use the Fairchild trademark for these TVS products for up to 30 months, subject to certain terms and conditions.