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NEWS TAGGED PROMOS TECHNOLOGIES
Friday 3 January 2020
Memory-centric solutions for next 20 years: Q&A with Macronix chairman Miin Wu
Taiwan-based Macronix International has developed into the world's largest supplier of ROM chips and second biggest maker of NOR flash memory chips after experiencing ups and downs...
Tuesday 19 August 2014
SPIL to take over idle ProMOS 12-inch fab for NT$6.4 billion
Siliconware Precision Industries (SPIL) has won the bid to take over the idle 12-inch fab of ProMOS Technologies for NT$6.4 billion (US$213.62 million). SPIL will use the fab to develop...
Tuesday 26 February 2013
Globalfoundries reportedly shifting interest to ProMOS fab
Speculation has circulated in the DRAM industry recently that Globalfoundries may be now more instereted in acquiring ProMOS Technologies' 12-inch wafer fab than taking over equipment...
Wednesday 12 December 2012
ProMOS fails again to sell 12-inch fab
ProMOS Technologies failed, for the second time, on December 12 to sell its 12-inch fab located in Taichung, central Taiwan, through an open bid despite offerings from Vanguard International...
Thursday 29 November 2012
Opening bids for ProMOS 12-inch fab delayed
ProMOS Technologies was originally scheduled to determine a buyer for its 12-inch fab located in Taichung, central Taiwan, in an open bid held today (November 29). However, as bidders...
Wednesday 28 November 2012
VIS likely to win bid to take up ProMOS 12-inch fab
ProMOS Technologies will hold an open bid to liquidate its 12-inch fab at the Central Taiwan Science Park (CTSP) on November 29. Some industry watchers believe that Vanguard International...
Monday 26 November 2012
VIS in bid to acquire ProMOS 12-inch fab
Faced with increased competition from Powerchip Technology in the LCD driver IC foundry sector, Vanguard International Semiconductor (VIS) is actively pursuing a bid to acquire ProMOS...
Tuesday 6 November 2012
ProMOS to sell fab by year-end, become fabless
ProMOS Technologies has announced plans to sell its 12-inch wafer plant and related facilities through open bidding by the end of 2012, in a move to become a fabless memory-IC comp...
Thursday 4 October 2012
Nanya, Rexchip said to be planning workforce adjustments
Following reports that ProMOS Technologies plans to cut as many as 1,300 employees at its 12-inch wafer plant in Taichung, central Taiwan, fellow DRAM companies Nanya Technology and...
Thursday 4 October 2012
ProMOS announces massive layoffs
DRAM chipmaker ProMOS Technologies has announced plans to lay off as many as 1,300 employees as part of its restructuring project. The number of jobs affected is higher than the expected...
Monday 16 April 2012
TSMC in race to buy ProMOS fab
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...
Wednesday 28 March 2012
Elpida delisted from Tokyo Stock Exchange
The Tokyo bourse has delisted the stock of Elpida Memory, which filed for bankruptcy protection on February 27.
Friday 24 February 2012
Globalfoundries to acquire ProMOS for NT$20-30 billion, say sources
Globalfoundries reportedly has agreed to take over financially-troubled ProMOS Technologies for NT$20-30 billion (US$0.7-1 billion), according to industry sources. By adding ProMOS'...
Wednesday 15 February 2012
ProMOS facing deadline to redeem ECBs
DRAM maker ProMOS Technologies, which has been under financial pressure, is now facing a deadline to redeem ECBs worth US$57.1 million by February 21, 2012, according to sources at...
Friday 13 January 2012
ProMOS seeking to settle debts with banks
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...