Infineon withdraws from Taiwan chipmaker ProMOS

Dec. 11, 2002 – Taipei, Taiwan – Germany-based Infineon Technologies AG said it will sell its 30% stake in Taiwan’s ProMOS Technologies Inc. and stop buying from the joint venture.

Licensing deals and DRAM chip purchases will be stopped from the start of next year after a breakdown in talks with joint venture partner Mosel Vitelic Inc., reported the Agence France Presse.

The ending of the joint venture deal is not expected to cause serious negative impact on ProMOS as demand was higher than the company’s production capacity, ProMOS spokesman Lin Yu-chung said.

Currently, demand from clients amounted to 80,000 200mm equivalent wafers against the company’s 60,000 capacity at its plants, ProMos said.

ProMOS was in discussions with Elpida, a Japanese memory chip joint venture between Hitachi and NEC, for a possible partnership.


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