Kingston Technology has agreed to act as a guarantor for ProMOS Technologies' application for a syndicated loan of NT$5 billion (US$148 million) from nine local banks, according to...
A request by Powerchip Semiconductor Corporation (PSC) to further extend its bank loan repayments is expected to be allowed, according to market sources.
PC case/chassis maker Enlight has disclosed that a plant in China has been seized by a court at the request of a Chinese bank over a 65 million yuan (US$9.45 million) overdue loan.