September 5, 2006 – Promos Technologies has applied for government approval on two planned 300mm flash memory fabs at the Central Taiwan Science Park, with projected costs exceeding $5 billion by the time of projected completion in 2008, according to the Taiwan Economic News.
Company chairman M.L. Chen recently told an investor conference that Promos would “systematically” enter the flash memory market, and would not rule out a possible production collaboration with NAND flash supplier Hynix Semiconductor, which already takes up around 30%-50% of Promos’ capacity, and will likely increase its outsourcing to the firm based on the new expansion.
Promos recently started pilot production of 1Gb NAND flash memory chips at a 200mm fab in the Hsinchu Science Park, while its first 300mm fab in the central Taiwan park recently ramped up NAND flash output. The company plans to make 16-64Gbit NAND chips using 60nm and below process technologies at the facilities, with 408Gbit products ready by year’s end.