According to the agreement, Tokyo Electronics’ shareholders will hold new company shares in a ratio of 1:3.25, and shareholders of Applied Materials will hold new company shares in a 1:1 ratio. Both companies are companies that manufacture semiconductor, flat panel displays and solar panel production equipment. After the transaction is completed, Applied Materials Shareholders will hold approximately 68% of the shares of the new company and Tokyo Electronic Shareholders will hold approximately 32% of the shares.
Tetsuro Higashi, chairman of Tokyo Electronics, will serve as chairman of the new company and said the deal will create a “real global company†that meets the needs of consumer electronics products such as smartphone and tablet suppliers. Gary Dickerson, president and CEO of Applied Materials, will be the CEO of the new company. The two companies said in a joint statement that they will continue to trade on the Nasdaq and Tokyo Stock Exchanges respectively.
The merger was unanimously approved by the board of directors of the two companies, but the transaction also needs to meet the customary completion conditions, waiting for the approval of the shareholders and regulators of the two companies. However, the two companies said that their product lines do not have much overlap, and there is no strong competitive relationship. I believe that they will be approved by the regulatory authorities. The transaction is expected to be completed in the middle of 2014 to the second half of 2014. The new company has not yet been named, but retains its dual headquarters in Tokyo and Santa Clara, with a registered location in the Netherlands.
The two companies expect a $250 million operational synergy at the end of the first year of the merger and $500 million in operational synergies in the third year. In addition, due to the establishment of a new corporate structure, it is expected to save a lot of money. The new company also plans to conduct a $3 billion stock repurchase program in the 12 months after the transaction is completed.
Control cable, insulated by PVC,XLPO/XLPE or PTFE material, is applicable for controlling and protecting circuits of rated voltage up to and including 450/750 V, used in enterprises of industrial and mining and department of energy source and transportation. It belongs to electrical equipments use cable which transmits electrical power from power system to various electrical equipments and tools.
Product specification
l Conductor type: stranded 99.95% OFC(oxygen free copper)
l Material :environmental friendly, fire resistant, flame retardant, low smoke halogen free, heat resistant
l Control cable color: black or other customized color
l Packing: carton packing, pallet packing, wooden steel drum or other packing method as requirements.
Three Main Type of our Control Cable
l PVC Insulated sheathed control cable
l Fire resistant control cable(PTFE)
l Radiation XLPO insulated control cable
Using features
*Rated power-frequency rated voltage U0/U is 450/750V
*Max. permissible continuous operating temperature of conductor:
l PVC Insulation type: 0℃
l XLPE Insulation type: 90℃
l PTFE Insulation type: 40℃~200℃
l XLPO Insulation type: 125℃
*The ambient temperature under installation should not be lower than 0℃, if the ambient temperature is below 0℃,the cable should be preheated.
Standard
This cable is manufactured according to GB/T9330-2008 standard. It can also be manufactured according to other standards upon request.
Application
Industrial and mining enterprises: iron and steel, coal manufacturing, etc
Modern high-rise building
Connecting line of electrical instruments and automation devices
For laying indoors, in trenches and in ducts, the cable should be shielded and for fixed installation.
Notes for installation
1. Don`t directly expose to the sunlight or superheat.
2. Don`t forget to check dry and wet level for installations in trenches regularly.
We can manufacture control cables as customer`s requirements. Welcome to contact us for more details about products and price. If later you want to visit our factory to get close to our production line, please also feel free to get in touch with us.
Control Cable
Control Cable,PVC Control Cable,Multicore Control Cable,Throttle Control Cable
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