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News tagged ProMOS Technologies
  • Last update: Tuesday 19 August 2014 [105 news items]

SPIL to take over idle ProMOS 12-inch fab for NT$6.4 billion

Aug 19, 22:06

Siliconware Precision Industries (SPIL) has won the bid to take over the idle 12-inch fab of ProMOS Technologies for NT$6.4 billion (US$213.62 million). SPIL will use the fab to develop...

Globalfoundries reportedly shifting interest to ProMOS fab

Feb 26, 12:31

Speculation has circulated in the DRAM industry recently that Globalfoundries may be now more instereted in acquiring ProMOS Technologies' 12-inch wafer fab than taking over equipment...

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 likely to win bid to take up ProMOS 12-inch fab

Nov 28, 22:04

ProMOS Technologies will hold an open bid to liquidate its 12-inch fab at the Central Taiwan Science Park (CTSP) on November 29. Some industry watchers believe that Vanguard International...

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 to become fabless

Nanya, Rexchip said to be planning workforce adjustments

Oct 4, 14:24

Following reports that ProMOS Technologies plans to cut as many as 1,300 employees at its 12-inch wafer plant in Taichung, central Taiwan, fellow DRAM companies Nanya Technology and...

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...

Elpida delisted from Tokyo Stock Exchange

Mar 28, 11:26

The Tokyo bourse has delisted the stock of Elpida Memory, which filed for bankruptcy protection on February 27.

Globalfoundries to acquire ProMOS for NT$20-30 billion, say sources

Feb 24, 01:45

Globalfoundries reportedly has agreed to take over financially-troubled ProMOS Technologies for NT$20-30 billion (US$0.7-1 billion), according to industry sources. By adding ProMOS'...

ProMOS to delist from Taiwan stock market on March 26

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 facing deadline to redeem ECB

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...

Taiwan-based DRAM makers may suffer total loss of over NT$80 billion in 2011

Nov 15, 01:15

Powerchip Technology, Nanya Technology, Inotera Memories and ProMOS Technologies, four Taiwan-based DRAM makers, may suffer a total net loss of more than NT$80 billion (US$2.67 billion)...

ProMOS October revenues hit new low

Nov 14, 13:28

ProMOS Technologies saw its monthly revenues slip below NT$500 million (US$16.6 million) to hit a new low in October 2011.

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 fails to file 3Q11 report, faces delisting

Nov 1, 11:14

Trading of ProMOS Technologies' shares has already been suspended on Taiwan's over-the-counter (OTC) stock market after failing to file its half-yearly financial report as required...

ProMOS chairman ML Chen

ProMOS completes sale of 8-inch fab in China

Oct 3, 13:48

ProMOS Technologies has announced that the company completed its sale of an 8-inch wafer fab in Chongqing, China for CNY100 million (US$15.7 million).

ProMOS HQ

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 likely to be suspended from trading on TSE

Sep 1, 16:12

The Taiwan Stock Exchange (TSE) is expected to suspend ProMOS Technologies from trading on the exchange for failure to file its financial results for the first half of 2011.

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

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 chairman ML Chen

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 12-inch fab at CTSP, central Taiwan

Taiwan DRAM makers transforming equipment into liquid assets

Jun 9, 11:43

In order to increase cash on hand, Powerchip Technology has struck leaseback deals with the companies to which it previously sold 12-inch manufacturing equipment, while fellow DRAM...

ProMOS shifting focus away from PC DRAM, says chairman

May 31, 10:38

Taiwan-based DRAM maker ProMOS Technologies has been shifting its focus from the PC DRAM market while enforcing its presence in the niche-market DRAM business, according to company...

ProMOS chairman ML Chen

ProMOS posts huge losses for January-April period

May 26, 01:30

Taiwan's over-the-counter (OTC) Securities Exchange has requested DRAM maker ProMOS Technologies to detail its financial results for the most recent month, as the company's stock...

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...

Elpida looking to team up with Taiwan counterparts, says CEO

Feb 25, 01:50

Elpida Memory president and CEO Yukio Sakamoto has admitted that the company is approaching Taiwan-based Powerchip Technology and ProMOS Technologies with a view of forming a competitive...

105 items [1/3]
  • ProMOS+secures+NT%2420+billion+fund+for+DRAM+expansion

    ProMOS secures NT$20 billion fund for DRAM expansion

    ProMOS Technologies signed a five-year syndicated loan agreement worth NT$20 billion with 21 Taiwan-based banks. The money will be used for expansion and manufacturing process technology...

    Photo: Company, Nov 1.

  • ProMOS+vice+president+of+sales+and+marketing+group+Ben+Tseng

    ProMOS vice president of sales and marketing group Ben Tseng

    On August 3, ProMOS Technologies held an investors conference in Taipei. Last quarter, ProMOS reported revenues increased all three months, with gross margins approaching 25%. Compared...

    Photo: Vyacheslav Sobolev, DigiTimes.com, Aug 4.

  • ProMOS+chairman+and+president+ML+Chen

    ProMOS chairman and president ML Chen

    ProMOS chairman and president ML Chen: 'The total capacity of our 300mm fabs is expected to reach 140,000 wafer starts per month in next few years.' On Wednesday 5 July, ProMOS held...

    Photo: Vyacheslav Sobolev, DigiTimes.com, Jul 6.

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