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...

Elpida delisted from Tokyo Stock Exchange

Mar 28, 11:26

The Tokyo bourse has delisted the stock of Elpida Memory, which filed for bankruptcy protection on February 27.

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...

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...

Taiwan-based DRAM makers may suffer total loss of over NT$80 billion in 2011

Nov 15, 01:15

Powerchip Technology, Nanya Technology, Inotera Memories and ProMOS Technologies, four Taiwan-based DRAM makers, may suffer a total net loss of more than NT$80 billion (US$2.67 billion)...

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 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...

Taiwan DRAM makers transforming equipment into liquid assets

Jun 9, 11:43

In order to increase cash on hand, Powerchip Technology has struck leaseback deals with the companies to which it previously sold 12-inch manufacturing equipment, while fellow DRAM...

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...

Most Taiwan DRAM firms to post 1Q11 losses

Apr 19, 14:06

Inotera Memories, Nanya Technology, Powerchip Technology and ProMOS Technologies are set to all remain unprofitable in the first quarter of 2011, while Rexchip Electronics will likely...

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...

Powerchip sends 40nm process NAND flash samples to clients

Jan 12, 15:00

Powerchip Technology has already delivered samples of NAND flash chips built using a 40nm process to clients, according to the company, adding that its flash business will target...

ProMOS to make own-brand DRAM using Elpida design

Dec 27, 11:43

ProMOS Technology has announced the company has reached an agreement with Elpida Memory to use the Japan-based vendor's 63nm stack process technology for its own-brand niche DRAM...

ProMOS, Rexchip November revenues slide

Dec 9, 11:02

ProMOS Technologies and Rexchip Electronics have announced slides in November revenues from the previous month, joining fellow DRAM companies Powerchip Technology and Inotera Memories...

Falling DRAM prices hurting company cash positions, says paper

Newswatch - Nov 30, 15:25

Taiwan-based DRAM makers Powerchip Technology, Nanya Technology, Inotera Memories and ProMOS Technologies have all seen their cash positions shrink significantly compared to the levels...

ProMOS mulls applying for loan repayment extension

Stockwatch - Nov 29, 17:03

Taiwan's ProMOS Technologies has responded to local media reports indicating the company has asked bank creditors for an one-year loan repayment extension, by saying that it is considering...

ProMOS likely able to produce own-brand DRAM using Elpida's technology

Nov 16, 02:10

Elpida Memory had agreed to offer more favorable contract terms and conditions to ProMOS Technologies under a technology licensing agreement, and therefore gained approval for its...

Elpida approved to issue depositary receipts in Taiwan

Nov 15, 15:03

Elpida Memory's planned TDR (Taiwan depositary receipt) issue has received approval from Taiwan's Industrial Development Bureau (IDB) under the Ministry of Economic Affairs (MOEA)...