Short Take: TI bails out of joint Thai venture
Texas Instruments and Thai electronics entrepreneur Charn Uswachoke terminated their joint-venture agreements involving Alpha-TI Semiconductors and Alpha Memory. TI cited the Thai economy and Uswachoke's own financial health in its decision to pull out of the agreements; Uswachoke will purchase TI's shares in the joint ventures.
and Thai electronics
entrepreneur Charn Uswachoke terminated their joint-venture agreements
involving
Alpha-TI Semiconductors and Alpha Memory. TI cited the Thai economy and
Uswachoke's own financial health in its decision to pull out of the
agreements; Uswachoke will purchase TI's shares in the joint ventures.