News tagged ProMOS Technologies
Last update: Tuesday 26 February 2013 [104 news items]
ProMOS fails again to sell 12-inch fab
Dec 12, 22:09
ProMOS Technologies failed, for the second time, on December 12 to sell its 12-inch fab located in Taichung, central Taiwan, through an open bid despite offerings from Vanguard International...
Opening bids for ProMOS 12-inch fab delayed
Newswatch - Nov 29, 15:18
ProMOS Technologies was originally scheduled to determine a buyer for its 12-inch fab located in Taichung, central Taiwan, in an open bid held today (November 29). However, as bidders...
VIS in bid to acquire ProMOS 12-inch fab
Nov 26, 10:39
Faced with increased competition from Powerchip Technology in the LCD driver IC foundry sector, Vanguard International Semiconductor (VIS) is actively pursuing a bid to acquire ProMOS...
ProMOS to sell fab by year-end, become fabless
Nov 6, 11:11
ProMOS Technologies has announced plans to sell its 12-inch wafer plant and related facilities through open bidding by the end of 2012, in a move to become a fabless memory-IC comp...
ProMOS announces massive layoffs
Oct 4, 01:10
DRAM chipmaker ProMOS Technologies has announced plans to lay off as many as 1,300 employees as part of its restructuring project. The number of jobs affected is higher than the expected...
TSMC in race to buy ProMOS fab
Apr 16, 10:28
Taiwan Semiconductor Manufacturing Company (TSMC) has entered the race to buy the 12-inch wafer fab of ProMOS Technologies, which is seeking new funds and investors to restructure...
ProMOS facing deadline to redeem ECBs
Feb 15, 14:27
DRAM maker ProMOS Technologies, which has been under financial pressure, is now facing a deadline to redeem ECBs worth US$57.1 million by February 21, 2012, according to sources at...
ProMOS seeking to settle debts with banks
Jan 13, 01:20
ProMOS Technologies has submitted an application to Taiwan's Ministry of Economic Affairs (MOEA) for debt negotiations with its creditor banks, according to the cash-strapped DRAM...
Foundries eyeing DRAM fabs
Nov 24, 01:30
DRAM chipmakers Powerchip Technology and ProMOS Technologies are reportedly considering selling fabs in order to preserve cash and strengthen their financial structures. Bidders for...
Another executive reportedly to leave ProMOS
Nov 7, 13:58
Ben Tseng, VP of sales and marketing for ProMOS Technologies, will soon resign from ProMOS following the resignation of JT Lin, company VP of the manufacturing group, industry observers...
ProMOS suspended from Taiwan stock market
Sep 6, 11:16
Trading of ProMOS Technologies shares has been suspended on Taiwan's over-the-counter (OTC) securities market starting today (September 6) after the DRAM maker failed to submit its...
ProMOS set to exit PC DRAM business
Aug 29, 16:07
ProMOS Technologies is set to switch its business focus away from PC DRAM with an aim of gradually phasing out the business, according to company chairman ML Chen.
ProMOS will survive, says chairman
Aug 29, 11:22
DRAM maker ProMOS Technologies has received approval at a special shareholders meeting for plans to reduce its current capital, and then raise additional funds through private placement...
ProMOS debt-for-equity swap proposal hits a snag
Aug 17, 14:07
DRAM maker ProMOS Technologies' creditor banks originally planned to convert the company's debts into equity, but the plan has stalled for the time being because ProMOS's financial...
ProMOS creditors agree debt-for-equity swap
Newswatch - Jul 27, 14:02
ProMOS Technologies had been in talks with its creditor banks, and finally worked out plans to ease its financial burden. The company announced it has struck a deal with more than...
VIS reportedly offers to buy ProMOS 12-inch fab
Jul 4, 11:46
Vanguard International Semiconductor (VIS), a Taiwan Semiconductor Manufacturing Company (TSMC) affiliate specializing in analog/mixed-signal and logic ICs, has offered to acquire...
ProMOS sells China subsidiary with 8-inch fab
May 24, 01:10
Taiwan-based DRAM maker ProMOS Technologies on May 23 announced the sale of ProMOS (Chongqing) Technologies, its wholly owned subsidiary semiconductor maker located in Xiyoung Micro-electronics...
ProMOS says cooperation with Elpida unchanged
May 12, 16:42
Taiwan's ProMOS Technologies has stated that its cooperation with technology partner Elpida Memory of Japan remains unchanged, and both parties are looking to expand their ties.
ProMOS still unprofitable, plans fundraising
May 6, 01:10
DRAM maker ProMOS Technologies has reported net losses of NT$4.26 billion (US$149 million) on revenues of NT$4.05 billion for the first quarter of 2011. Losses remained high compared...
Most Taiwan DRAM firms to post 1Q11 losses
Apr 19, 14:06
Inotera Memories, Nanya Technology, Powerchip Technology and ProMOS Technologies are set to all remain unprofitable in the first quarter of 2011, while Rexchip Electronics will likely...