Taiwan-based DRAM chipmaker ProMOS Technologies reportedly plans to lay off more than 1,000 employees, according to a Chinese-language Economic Daily News (EDN)...
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...
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'...
Financially troubled DRAM maker ProMOS Technologies will delist from Taiwan's over-the-counter (OTC) stock market on March 26, as trading of the company's shares has been suspended...
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...
The recently released financial statements by ProMOS Technologies indicate that the net worth of ProMOS shares had run to the negative territory as of the end of the first half of...
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...
Taiwan's ProMOS Technologies, which has been looking for funding and strategic partners, reportedly will negotiate with Globalfoundries for the sale of its 12-inch wafer plant, according...
DRAM chipmakers Powerchip Technology and ProMOS Technologies are reportedly considering selling fabs in order to preserve cash and strengthen their financial structures. Bidders for...
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)...
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...
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...