View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
May 6, 1994

OTHER FINANCINGS

By CBR Staff Writer

Texas Instruments-Acer Inc, Taipei, Taiwan has secured a syndicated loan with Citibank NA for $180m to expand production. The joint venture of Texas Instruments Inc and Acer Group Inc will use the money to expand its current production to include 8 wafers and 16M-bit dynamic random access memory chips, starting in the middle of next year. Citibank is seeking other banks to share the burden of underwriting the seven-year loan, reported Dow Jones & Co – it is negotiating the interest rate with other banks and couldn’t give an exact figure.

Topics in this article :
Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU