Hynix, Semicon ink deal

June 23, 2003 – Hynix Semiconductor has signed a $100 million contract to supply production support for On Semiconductor’s power management products. The contract will last through 2005 with options to renew.

Channy Lee, VP and GM of Hynix’s foundry unit, calls the deal “an important milestone in our strategy to grow our foundry services business.”


Easily post a comment below using your Linkedin, Twitter, Google or Facebook account. Comments won't automatically be posted to your social media accounts unless you select to share.