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NEWS TAGGED PROMOS
Monday 29 August 2011
ProMOS set to exit PC DRAM business
ProMOS Technologies is set to switch its business focus away from PC DRAM with an aim of gradually phasing out the business, according to company chairman ML Chen.
Monday 29 August 2011
ProMOS will survive, says chairman
DRAM maker ProMOS Technologies has received approval at a special shareholders meeting for plans to reduce its current capital, and then raise additional funds through private placement...
Wednesday 17 August 2011
ProMOS debt-for-equity swap proposal hits a snag
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...
Monday 15 August 2011
ProMOS may be delisted, says report
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...
Wednesday 27 July 2011
ProMOS creditors agree debt-for-equity swap
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...
Thursday 7 July 2011
ProMOS to downsize capital by 85%
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...
Monday 4 July 2011
VIS reportedly offers to buy ProMOS 12-inch fab
Vanguard International Semiconductor (VIS), a Taiwan Semiconductor Manufacturing Company (TSMC) affiliate specializing in analog/mixed-signal and logic ICs, has offered to acquire...
Friday 1 July 2011
ProMOS struggling to find investors for private placement
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...
Thursday 16 June 2011
ProMOS diversifying away from PC DRAM
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...
Thursday 9 June 2011
ProMOS and Silterra to offer advanced HV technology for smartphone market
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...
Tuesday 31 May 2011
ProMOS shifting focus away from PC DRAM, says chairman
Taiwan-based DRAM maker ProMOS Technologies has been shifting its focus from the PC DRAM market while enforcing its presence in the niche-market DRAM business, according to company...
Thursday 26 May 2011
ProMOS posts huge losses for January-April period
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...
Tuesday 24 May 2011
ProMOS sells China subsidiary with 8-inch fab
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...
Wednesday 18 May 2011
ProMOS to liquidate China fab
Taiwan's ProMOS Technologies has decided to sell off a 100%-owned subsidiary in Chongqing, western China, which has an 8-inch fab, in order to raise funds to finance its existing...
Thursday 12 May 2011
ProMOS says cooperation with Elpida unchanged
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.