Friday, October 24, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
HP Broadens Moonshot Portfolio With Intel-powered Models
Microsoft To Keep Nokia Brand For Low-end Smartphones
LG Introduces Its First Octa-Core Application Processor
Cloud and Surface 3 Drive Microsoft's Revenue
Micron Urges Investors To Reject TRC Capital's Unsolicited Tender Offer
Facebook Returns To Chat Roots With Rooms App
Sony SmartWatch 3 And LG G Watch R Are Rolling Out With Updated Android Wear Software
New Nvidia Driver Enable DSR On Older Graphics Cards
Active Discussions
Copied dvd's say blank in computer only
How to generate lots of different CDs quickly
Yamaha CRW-F1UX
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
 Home > News > PC Parts > Taiwane...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, November 29, 2012
Taiwanese ProMOS To Auction DRAM Plant


Taiwanese memory maker ProMOS Technologies Inc plans to auction a 12-inch factory, equipment and office building in Taichung for a floor price of NT$19.5 billion (US$669.5 million,) as part of the company's restructuction plan.

ProMOS delisted its shares from the Taipei stock exchange in March and its $1.9 billion debt had forced the company to stop production at the plant last year.

Chipmakers Taiwan Semiconductor Manufacturing Co (TSMC,) United Microelectronics Corp (UMC) and GlobalFoundries Inc are reportedly interested in bidding for the assets, a Chinese-language newspaper reported. Vanguard International Semiconductor Corp. could be another potential buyer of the assets. TSMS holds a 39% stake in Vanguard.

The Taiwan Financial Asset Service Corp (TFASC) is in charge of the auction on behalf of the creditors.

ProMOS aims to transfer the assets to the winning bidder by the end of next month and expects the buyer to restore the factory's operations by February 2013, Taipei Times reported today, citing a November 5 filing to the Taiwan Stock Exchange.

DRAM chips makers are struggling due to falling prices, huge investments and the low demand for personal computers.


Previous
Next
WD Releases Windows 8 App        All News        iPhone 5 Coming In China
WD Releases Windows 8 App     PC Parts News      Toshiba Expands Enterprise Hard Drive Offerings with Large Capacity MG Series

Get RSS feed Easy Print E-Mail this Message

Related News
Kingston Leads the DRAM Module Industry: TrendForce
Mobile DRAM to Account for 40 Percent of DRAM Revenue in 2014
DRAM Trends For 2014
DRAM Market Reaches Maturity
Big Gains Forecast in Quarterly DRAM Selling Proces
DRAM Market Matures, Says IHS
DRAM Makers Hit By Oversupply, Low Demand
PC Share of DRAM Market Dips As Tablet Shipments Soar
DRAM Pricing Remained Stable Despite Elpida's Bankruptcy
Bankruptcy-Bound Elpida Dethrones Micron from Third Rank in DRAM Market
Samsung Unveils Gb LPDDR3 SDRAM
Nanya Files ITC Complaint Against Elpida

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .