Global Unichip to List on Taiwan Stock Exchange in September.

(From Taiwan Economic News)

Taipei, Feb. 23, 2006 (CENS)--Global Unichip Corp., a Taiwan-based intellectual-property vendor held by foundry giant Taiwan Semiconductor Manufacturing Co. (TSMC), will likely go public on Taiwan's stock market in September at the earliest. Taiwanese industry watchers estimated TSMC to reap a potential income of around NT$1.4 billion (US$43.7 million at US$1:NT$32) in the IP provider's initial public offering (IPO) based on the fact that the company's stock was recently traded at NT$45 per share on the island's over-the-counter market. TSMC is holding a 45.68% stake in the company at a cost of NT$10.5 a share. Global Unichip reported net …