Taipei, Thursday, July 24, 2014 17:25 (GMT+8)
mostly cloudy
ProMOS secures NT$20 billion fund for DRAM expansion
Photo: Company [Nov 1, 2006]

ProMOS Technologies signed a five-year syndicated loan agreement worth NT$20 billion with 21 Taiwan-based banks.

The money will be used for expansion and manufacturing process technology migration at the company's existing 12-inch Fab 3 in the Central Taiwan Science Park (CTSP).

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