Japanese firms stick together against Intel, Samsung

Posted on Sunday, September 11 2005 @ 11:32 CEST by Thomas De Maesschalck
Five Japanese firms are planning to cooperate against Samsung and Intel in chip production. According to a report Hitachi, Toshiba, Matsushita, NEC and Renesas will build a huge semiconductor foundry to produce chips in volumes like their competitors do.

The next-generation production site should be operational in 2007 and will cost the joint venture 200-300 billion yen ($1.82-2.74 billion).

The chip foundry will focus on logic production and not on DRAM. However, their are no details whether or not the member companies will share intellectual property.

All five companies will get an equal stake in the venture.

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.

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