Special arrangement through JASM secures ADI's
long-term chip supply and focuses on 40nm and finer process
technology nodes
WILMINGTON, Mass., Feb. 22,
2024 /PRNewswire/ -- Analog Devices,
Inc. (Nasdaq: ADI) announced today that the
company has made a special arrangement with TSMC, the world's
leading dedicated semiconductor foundry, to supply long-term wafer
capacity through Japan Advanced Semiconductor Manufacturing, Inc.
("JASM"), TSMC's majority-owned manufacturing subsidiary in
Kumamoto Prefecture, Japan.
Building on ADI's more than 30-year partnership with TSMC, this
adds another option for ADI to secure additional capacity of
fine-pitch technology nodes to serve critical platforms across its
business, including wireless BMS (wBMS) and Gigabit Multimedia
Serial Link (GMSL™) applications. The joint efforts reinforce ADI's
resilient hybrid manufacturing network, which helps to insulate
external factors while supporting the means to increase output and
scale rapidly to meet customer needs.
"Our hybrid manufacturing network helps deliver a competitive
edge to our customers. Together with TSMC, we can serve our
customers with more resilient supplies, respond even more rapidly
to customer needs and changing market conditions, and focus our
investments on innovative manufacturing solutions that benefit
society and the planet," said Vivek
Jain, Executive Vice President of Global Operations &
Technology at ADI.
"Today's announcement demonstrates TSMC's commitment to helping
our customers meet their long-term capacity needs," said
Sajiv Dalal, Executive Vice
President of Business Development at TSMC North America. "We're
delighted to expand our ongoing collaboration with ADI that will
help to ensure a steadfast and dynamic journey of semiconductor
innovation with robust manufacturing capabilities."
For more information about ADI's resilient hybrid manufacturing
network, visit
https://www.analog.com/en/who-we-are/resilient-hybrid-manufacturing.html.
About Analog Devices, Inc.
Analog Devices, Inc. (NASDAQ: ADI) is a global semiconductor leader
that bridges the physical and digital worlds to enable
breakthroughs at the Intelligent Edge. ADI combines analog,
digital, and software technologies into solutions that help drive
advancements in digitized factories, mobility, and digital
healthcare, combat climate change, and reliably connect humans and
the world. With revenue of more than $12
billion in FY23 and approximately 26,000 people globally
working alongside 125,000 global customers, ADI ensures today's
innovators stay Ahead of What's Possible. Learn more at
www.analog.com and on LinkedIn and Twitter (X).
All trademarks and registered trademarks are the property of
their respective owners.
Forward-Looking Statements
This press release contains forward-looking statements, which
address a variety of subjects including, for example, our
statements regarding our long-term wafer capacity supply
arrangement with TSMC and JASM; our hybrid manufacturing network;
and other future events. Statements that are not historical facts,
including statements about our beliefs, plans and expectations, are
forward-looking statements. Such statements are based on our
current expectations and are subject to a number of factors and
uncertainties, which could cause actual results to differ
materially from those described in the forward-looking statements.
The following important factors and uncertainties, among others,
could cause actual results to differ materially from those
described in these forward-looking statements: economic, political,
legal and regulatory uncertainty or conflicts; changes in demand
for semiconductor products; manufacturing delays, product and raw
materials availability and supply chain disruptions; products that
may be diverted from our authorized distribution channels; changes
in export classifications, import and export regulations or duties
and tariffs; our development of technologies and research and
development investments; our future liquidity, capital needs and
capital expenditures; our ability to compete successfully in the
markets in which we operate; and security breaches or other cyber
incidents. For additional information about factors that could
cause actual results to differ materially from those described in
the forward-looking statements, please refer to our filings with
the Securities and Exchange Commission, including the risk factors
contained in our most recent Annual Report on Form 10-K.
Forward-looking statements represent management's current
expectations and are inherently uncertain. Except as required by
law, we do not undertake any obligation to update forward-looking
statements made by us to reflect subsequent events or
circumstances.
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SOURCE Analog Devices, Inc.