Reference:

400/009/08

Notifying Parties:

Chartered Semiconductor Manufacturing Ltd and Hitachi Semiconductor Singapore Pte Ltd

Notifying Date:

21 February 2008

Summary of transaction:

PART 5

INFORMATION FOR THE CCS PUBLIC REGISTER

(TO BE COMPLETED BY THE APPLICANT(S))

1.         The Applicants

Chartered Semiconductor Manufacturing Ltd

Hitachi Semiconductor Singapore Pte Ltd

2.         Description of the merger

The notification is in relation to an acquisition of one hundred percent of the shares in the Target, which provides foundry services in the semiconductor foundry market.

The acquisition will not infringe the section 54 prohibition as the acquisition will not lead to a substantial lessening of competition in Singapore or any market. This is because, firstly, any resulting increase in market share of the Acquirer as a result of the acquisition will be negligible. Secondly, the market for the provision of foundry services is a very competitive one globally.

In short, the acquisition will allow the Acquirer to increase capacity in production in a highly competitive global market without impeding competitive processes in any market.

3.         Relevant good(s) or service(s) involved

The relevant product is the provision of foundry services to semiconductor companies and Integrated Devices Manufacturers (“IDMs”) globally.

Consultation:

Interested parties are invited to submit their views on the Application. When submitting confidential information, interested parties should take note of the procedures outlined in the CCS Guidelines on Merger Procedures.

Comments should reach the CCS no later than 14 March 2008.  Please write or email your comments (titled: Comments on Chartered-Hitachi Merger) to:

Post/Courier:               
                        Competition Commission of Singapore
                        5 Maxwell Road
                        #13-01, Tower Block
                        MND Complex
                        Singapore 069110
                        Attention: Director (Mergers Unit)

Email:                           ccs_mergers@ccs.gov.sg

Supporting Documents:

Interested third party may request in writing to obtain more information on the transaction.

Please write or email your submission (titled: Request for more information on Chartered-Hitachi Merger) to the above contact details.

Status:

28 March 2008
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