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SiS approves eight-inch fab spin-off

Posted on Monday, November 10 2003 @ 18:53:58 CET by

The shareholders of SiS today approved the spin-off of SiS his eight-inch fab:

  The shareholders of Silicon Integrated Systems (SiS) today approved the spin-off of the company’s eight-inch fab. After the company’s board of directors decides on the spin-off date, the fab will operate as an independent company, but SiS will retain 100% ownership. The chip designer suffered losses in 2000, 2001 and 2002 largely due to its money-losing fab operation, which entered mass production in the second quarter of 2000.

Source: DigiTimes



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