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Manufacturing/Packaging  

Troubled DRAM maker sells fab gear to TSMC

Posted: 21 Jan 2009     Print Version  Bookmark and Share

Keywords:bailout  DRAM maker  fab gear  chip-packaging 

Seeking to raise cash, ProMOS Technologies Inc. has separately sold select fab gear to two local firms, including Taiwan Semiconductor Manufacturing Co. Ltd (TSMC) and chip-packaging partner Powertech Technology, according to Reuters.

The Taiwan DRAM maker has sold Rs.88.86 crore (NT$580 million) worth of fab gear to TSMC. With both transactions, ProMOS has sold Rs.122.26 crore (NT$798 million) worth of equipment, according to the report.

Amid the downturn, ProMOS is struggling to survive and is seeking a government-backed bailout. Others are looking to buy the troubled DRAM maker.

-Mark LaPedus
EE Times





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