
AI-generated summary
Global Crystal announced in July this year that it had signed a 10-year long-term supply agreement (LTA) with Micron.
Xu Xiulan, Chairman of Global Crystal (file photo)
[Reporter Lin Yiru/Report from Taipei] Silicon wafer major Global Semiconductor (6488) announced today (3rd) that it will deepen its strategic cooperation with memory manufacturer Micron (Micron). Global Semiconductor's board of directors decided to issue a 10-year private placement of domestic unsecured convertible bonds with an annual coupon rate of 0.5% within a quota of US$500 million, and agreed that Micron would be the sole applicant.
Global Crystal announced in July this year that it had signed a 10-year long-term supply agreement (LTA) with memory manufacturer Micron. Micron will provide US$500 million in strategic funds to support Global Crystal in promoting U.S. business development and improving supply capabilities to support long-term cooperation between the two parties.
Global Crystal Jin announced again that it will maintain close cooperation with Micron and further deepen the partnership through 10-year long-term contracts and private placement of convertible bonds, extending the cooperation between the two parties from existing product supply and demand to strategic capital cooperation and long-term supply chain layout, covering future production capacity allocation, supply stability and the sustainable development of advanced semiconductor material supply systems.
Global Crystal stated that through the dual-track structure of long-term supply agreement and strategic financial cooperation, the two parties can strengthen mutually beneficial connections, support Global Crystal's U.S. business development, while improving advanced semiconductor wafer supply capabilities, and establishing a more forward-looking and predictable cooperation foundation for future technology evolution and market demand.
AI outlook — possibilities, not facts
Completed the issuance of private placement convertible bonds and deepened Micron supply chain cooperation
Very likely · Within months

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