“Our 24 percent sequential revenue growth in the third quarter allowed ASAT to post its second consecutive quarter of operating profit,” says Harry R. Rosakis, CEO of ASAT Holdings Ltd. “In addition, our gross margin improved to 21 percent from 15 percent in the second quarter, and we recorded a significant improvement in operating income.”

(March 01, 2004) Tokyo, Japan&#8212Toshiba Corp. recently completed construction of a 300-mm wafer fab at its Oita Operations in Kyushu, Japan. Toshiba plans to begin mass producing high-performance system-on-chip (SoC) LSIs this fall, with an initial capacity of 12,500 wafers per month.