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Tuesday 11 May 2010
Spansion emerges from bankruptcy
Flash memory solutions provider Spansion on May 10 announced it has emerged from Chapter 11 reorganization. During the reorganization, Spansion focused its business on serving embedded...
Thursday 8 April 2010
NOR flash maker Macronix 1Q10 revenues beat guidance
Mask ROM and NOR flash chipmaker Macronix International Company (MXIC) has reported revenues of NT$6.57 billion (US$207 million) for the first quarter of 2010, higher than the NT$6.1-6.3...
Friday 2 April 2010
Spansion moves closer to exiting Chapter 11
Spansion on April 1 announced that the US Bankruptcy Court for the District of Delaware has issued a decision regarding its plan of reorganization that overrules a number of objections...
Tuesday 23 February 2010
ChipMOS likely to turn profitable in 1Q10
The sale of ChipMOS Technologies' accounts receivable from Spansion may allow the packaging and testing house to return to profits in the first quarter of 2010, according to industry...
Friday 29 January 2010
NOR flash maker Macronix to hike salaries by 10% in 2010
Mask ROM and NOR flash maker Macronix International Company (MXIC) has announced plans to hike monthly salary payments for its employees by 10% in 2010. It will also add 1,500 staff...
Friday 15 January 2010
ChipMOS to sell Spansion debts to Citigroup
ChipMOS Technologies has announced it reached a definitive agreement with Citigroup, under which the memory packaging and testing company will sell the debts it holds in Spansion...
Thursday 7 January 2010
Spansion to strengthen ties with Taiwan backend partners, says executive
Spansion intends to enhance cooperation with its Taiwan-based partners such as Powertech Technology (PTI) and Siliconware Precision Industries (SPIL) in 2010, according to John Nation,...
Wednesday 16 September 2009
Numonyx unseats Spansion in 2Q09, says iSuppli
Numonyx capitalized on problems at chief rival Spansion to take the lead in the NOR flash memory market by the sparest of margins in the second quarter of 2009, according to iSuppl...
Wednesday 2 September 2009
Spansion says partnership with SMIC remains unchanged
Spansion has claimed its foundry agreement with Semiconductor Manufacturing International Corporation (SMIC) is still valid, though the schedule to ramp 65nm production at SMIC's...
Tuesday 1 September 2009
Numonyx CEO in Taiwan to strengthen ties with partners
Brian Harrison, president and CEO of flash memory maker Numonyx, has recently visited Taiwan-based IC designers and distributors, in a move to reinforce company relations with clients...
Tuesday 25 August 2009
PTI purchase of Spansion backend facility in China to target non-memory products, say sources
Powertech Technology (PTI) aims to turn the China plant it is buying from Spansion into its major production base for non-memory packaging and testing, covering logic ICs, SiP (system...
Monday 24 August 2009
PTI buys Spansion facility in China
Memory packaging and testing service provider Powertech Technology (PTI) has announced it has acquired Spansion (Suzhou), the US-based NOR flash maker's packaging and testing facility...
Monday 17 August 2009
Spansion to seek debt-for-equity swap to ease financial pressure, says executive
Spansion's financial restructuring following its exit from Chapter 11 will involve a debt-for-equity swap, according to John Nation, director of corporate marketing for the NOR flash...
Wednesday 12 August 2009
Spansion executive to pay visit to Taiwan
John Nation, director of corporate marketing for Spansion, plans to pay a visit to Taiwan this week, raising speculation that the NOR flash chipmaker is looking to aggressively take...
Wednesday 29 July 2009
Spansion set to exit Chapter 11 in 4Q09
Spansion has increased its cash position to US$220 million at the end of its second quarter ended June 28, 2009, compared to a cash balance of US$95 million in the prior quarter,...