New Taiwan consortium

10/01/1998

New Taiwan consortium

Taiwan`s government-sponsored Electronics Research Service Organization (ERSO) will be involved in the formation of a SEMATECH-like research consortium on the island. Taiwan Semiconductor Industry Association members will contribute 50% of funding, with the government paying the other half. With the decision to form the consortium only recently taken, most details remain to be worked out. Genda Hu, ERSO`s leader, stated that the new organization should be formally established within a year. Hu commented, "The goal is not to just support the equipment industry, but to re-duce the cost and risk of developing leading edge technology - for everyone."