TSMC in race to buy ProMOS fab

Apr 16, 10:28

Taiwan Semiconductor Manufacturing Company (TSMC) has entered the race to buy the 12-inch wafer fab of ProMOS Technologies, which is seeking new funds and investors to restructure...

ProMOS seeking to settle debts with banks

Jan 13, 01:20

ProMOS Technologies has submitted an application to Taiwan's Ministry of Economic Affairs (MOEA) for debt negotiations with its creditor banks, according to the cash-strapped DRAM...

ProMOS seeking to sell fab to Globalfoundries, report says

Newswatch - Nov 28, 16:06

Taiwan's ProMOS Technologies, which has been looking for funding and strategic partners, reportedly will negotiate with Globalfoundries for the sale of its 12-inch wafer plant, according...

Foundries eyeing DRAM fabs

Nov 24, 01:30

DRAM chipmakers Powerchip Technology and ProMOS Technologies are reportedly considering selling fabs in order to preserve cash and strengthen their financial structures. Bidders for...

ProMOS October revenues hit new low

Nov 14, 13:28

ProMOS Technologies saw its monthly revenues slip below NT$500 million (US$16.6 million) to hit a new low in October 2011.

Another executive reportedly to leave ProMOS

Nov 7, 13:58

Ben Tseng, VP of sales and marketing for ProMOS Technologies, will soon resign from ProMOS following the resignation of JT Lin, company VP of the manufacturing group, industry observers...

ProMOS suspended from Taiwan stock market

Sep 6, 11:16

Trading of ProMOS Technologies shares has been suspended on Taiwan's over-the-counter (OTC) securities market starting today (September 6) after the DRAM maker failed to submit its...

ProMOS likely to be suspended from trading on TSE

Sep 1, 16:12

The Taiwan Stock Exchange (TSE) is expected to suspend ProMOS Technologies from trading on the exchange for failure to file its financial results for the first half of 2011.

ProMOS debt-for-equity swap proposal hits a snag

Aug 17, 14:07

DRAM maker ProMOS Technologies' creditor banks originally planned to convert the company's debts into equity, but the plan has stalled for the time being because ProMOS's financial...

ProMOS may be delisted, says report

Newswatch - Aug 15, 16:56

Taiwan-based DRAM maker ProMOS Technologies saw its debt ratio climb to 103.19% at the end of July compared to 99.9% at the end of June, turning the net worth of its shares to the...

ProMOS creditors agree debt-for-equity swap

Newswatch - Jul 27, 14:02

ProMOS Technologies had been in talks with its creditor banks, and finally worked out plans to ease its financial burden. The company announced it has struck a deal with more than...

ProMOS to downsize capital by 85%

Jul 7, 01:05

ProMOS Technology will reduce its paid-in capital by 85%, or about NT$21.62 billion (US$750 million), to NT$3.815 billion, its board of directors decided on July 6. Its previous capital...

ProMOS struggling to find investors for private placement

Jul 1, 01:25

ProMOS Technology shareholders recently approved a company proposal to raise additional paid-in capital through private placement. But the DRAM maker has been struggling to find investors...

ProMOS diversifying away from PC DRAM

Jun 16, 15:21

Taiwan-based ProMOS Technologies, once primarily known for its commodity DRAM for desktop PCs and notebooks, is devoting considerable efforts in its pursuit of product diversification...

ProMOS and Silterra to offer advanced HV technology for smartphone market

Jun 9, 01:00

ProMOS Technologies and Silterra Malaysia have announced the successful completion of the first joint technology development project to bring Silterra's 0.13- and 0.11-micron High-Voltage...

ProMOS posts huge losses for January-April period

May 26, 01:30

Taiwan's over-the-counter (OTC) Securities Exchange has requested DRAM maker ProMOS Technologies to detail its financial results for the most recent month, as the company's stock...

ProMOS sells China subsidiary with 8-inch fab

May 24, 01:10

Taiwan-based DRAM maker ProMOS Technologies on May 23 announced the sale of ProMOS (Chongqing) Technologies, its wholly owned subsidiary semiconductor maker located in Xiyoung Micro-electronics...

ProMOS says cooperation with Elpida unchanged

May 12, 16:42

Taiwan's ProMOS Technologies has stated that its cooperation with technology partner Elpida Memory of Japan remains unchanged, and both parties are looking to expand their ties.

ProMOS still unprofitable, plans fundraising

May 6, 01:10

DRAM maker ProMOS Technologies has reported net losses of NT$4.26 billion (US$149 million) on revenues of NT$4.05 billion for the first quarter of 2011. Losses remained high compared...

ProMOS, Rexchip sales up sequentially in February 2011

Mar 10, 14:26

ProMOS Technologies and Rexchip Electronics have announced growth in February 2011 revenues from the previous month, joining fellow DRAM companies Nanya Technology and Powerchip Technology...

Elpida looking to team up with Taiwan counterparts, says CEO

Feb 25, 01:50

Elpida Memory president and CEO Yukio Sakamoto has admitted that the company is approaching Taiwan-based Powerchip Technology and ProMOS Technologies with a view of forming a competitive...

ProMOS dismisses reported integration with Elpida

Feb 15, 14:50

ProMOS Technologies has reiterated that it has no knowledge about reported plans by it and Elpida Memory to integrate their DRAM business operations.

Powerchip January revenues down, ProMOS up

Feb 10, 14:14

Powerchip Technology saw revenues decrease sequentially for the fifth consecutive month in January 2011, while ProMOS Technologies managed a sales increase ending a four-month streak...