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NEWS TAGGED PROMOS TECHNOLOGIES
Thursday 24 November 2011
Foundries eyeing DRAM fabs
DRAM chipmakers Powerchip Technology and ProMOS Technologies are reportedly considering selling fabs in order to preserve cash and strengthen their financial structures. Bidders for...
Tuesday 15 November 2011
Taiwan-based DRAM makers may suffer total loss of over NT$80 billion in 2011
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)...
Monday 14 November 2011
ProMOS October revenues hit new low
ProMOS Technologies saw its monthly revenues slip below NT$500 million (US$16.6 million) to hit a new low in October 2011.
Monday 7 November 2011
Another executive reportedly to leave ProMOS
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...
Tuesday 1 November 2011
ProMOS fails to file 3Q11 report, faces delisting
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...
Monday 3 October 2011
ProMOS completes sale of 8-inch fab in China
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).
Tuesday 6 September 2011
ProMOS suspended from Taiwan stock market
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...
Thursday 1 September 2011
ProMOS likely to be suspended from trading on TSE
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.
Monday 29 August 2011
ProMOS set to exit PC DRAM business
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.
Monday 29 August 2011
ProMOS will survive, says chairman
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...
Wednesday 17 August 2011
ProMOS debt-for-equity swap proposal hits a snag
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...
Wednesday 27 July 2011
ProMOS creditors agree debt-for-equity swap
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...
Monday 4 July 2011
VIS reportedly offers to buy ProMOS 12-inch fab
Vanguard International Semiconductor (VIS), a Taiwan Semiconductor Manufacturing Company (TSMC) affiliate specializing in analog/mixed-signal and logic ICs, has offered to acquire...
Thursday 9 June 2011
Taiwan DRAM makers transforming equipment into liquid assets
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...
Tuesday 31 May 2011
ProMOS shifting focus away from PC DRAM, says chairman
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...
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