Semi co’s ink 45nm development agreement

Jan. 25, 2005 — IBM Co. (NYSE: IBM) and Chartered Semiconductor Manufacturing (Nasdaq: CHRT) yesterday announced they have signed an extension to their existing technology agreement, formally expanding their joint development efforts to 45-nanometer bulk CMOS process technology.

Upon the completion of the development, the two companies will have created a common process platform spanning three major generations of advanced process technology, according to a news release.

The 45nm alliance builds on the multi-year agreement that the two companies signed in November 2002 to jointly develop and align on 90nm and 65nm logic processes for foundry chip production on 300mm silicon wafers. It extends the development relationship through June 2008. Financial details of the agreement were not disclosed.

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