GlobalFoundries and TI interested in Powerchip 300mm fab equipment

Posted on Tuesday, Jan 29 2013 @ 11:32 CET by Thomas De Maesschalck
DigiTimes reports both Globalfoundries and Texas Instruments (TI) have entered negotiations to acquire part of the 300mm fab equipment at Powerchip Technology's P3 plant. The site reports Powerchip's creditor banks seem to favor this deal above a bid made by Taiwanese niche-market memory makers.
Powerchip has decided to tear down its P3 12-inch fab by selling the production equipment and land separately. The DRAM maker reportedly has approached several Taiwan-based niche-market memory suppliers, including Elite Semiconductor Memory Technology (ESMT), Etron Technology, Winbond Electronics and Zentel Electronics, to place their bids to take over the facilities.

ESMT, Etron and Zentel are mulling the possibility of jointly acquiring a portion of the production lines and related equipment located at Powerchip's P3 fab, while Winbond prefers to make its own purchase, the sources revealed. Nonetheless, Powerchip and the four firms reach consensus on keeping the equipment and facilities they will acquire at Powerchip's P3 plant, the sources said.

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

Loading Comments