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Monday 22 June 2009
ProMOS expects slow DRAM bit growth worldwide in 2009
The worldwide DRAM bit growth rate will decelerate to less than 16% in 2009, compared to 50-60% in 2008 and 90% in 2007, according to ProMOS Technologies. Despite the conservative...
Monday 22 June 2009
PTI tougher on payment terms for DRAM customers
Taiwan's Powertech Technology (PTI), a memory packaging and testing specialist, has tightened the payment terms for its Taiwan-based DRAM customers to mitigate against the impact...
Wednesday 17 June 2009
ProMOS seeking partnerships for restructuring
ProMOS Technologies has drafted a restructuring plan to strengthen its operations, according to industry sources. The DRAM chipmaker plans to divide its facilities at the Central...
Wednesday 17 June 2009
ProMOS to sign supply agreement with Elpida, sources say
ProMOS Technologies will sign a DRAM supply agreement with Elpida Memory soon, forming a partnership that may be key to success of the Taiwan government-led Taiwan Memory Company...
Monday 15 June 2009
DRAM maker ProMOS cuts 550 jobs
DRAM chipmaker ProMOS Technologies has recently laid off about 550 employees working at the Central Taiwan Science Park (CTSP), where it owns two 12-inch fabs, according to a Chinese-language...
Thursday 14 May 2009
PSC fails to secure agreement to reset bond conversion price
DRAM maker Powerchip Semiconductor Corporation (PSC) has failed to secure consent for its plan to reset the conversion price of its US$150 million zero coupon convertible bonds from...
Wednesday 13 May 2009
Micron claws way back to third place in DRAM market in 1Q09, says iSuppli
Reports of Micron Technology's demise in the global DRAM market have been greatly exaggerated, with the company managing to return to the top-3 rank in the first quarter of 2009,...
Monday 4 May 2009
Taiwan DRAM makers see narrower losses in 1Q09
Taiwan-based computer-memory chipmakers Inotera Memories, Nanya Technology, Powerchip Semiconductor Corporation (PSC), ProMOS Technologies and Winbond Electronics saw their combined...
Monday 27 April 2009
ProMOS gets final nod for NT$3 billion syndicated bank loan
ProMOS Technologies has announced that a syndicate of banks has finalized an NT$3 billion (US$89 million) loan, which will enable it to buy back its convertible bonds.
Tuesday 21 April 2009
ProMOS may sell 12-inch fabs to Taiwan Memory, sources claim
ProMOS Technologies will likely spin off its 12-inch wafer fabs to assist in establishing Taiwan Memory Company (TMC), which has been identified as a government-led project to overhaul...
Tuesday 21 April 2009
ProMOS still waiting for bank approval for syndicated loan
ProMOS Technologies has yet to finalize a syndicated bank loan for NT$3 billion (US$90 million) that it needs to redeem convertible bonds.
Friday 17 April 2009
DRAM spot prices up significantly
Taiwan's DRAM chip suppliers have paid much attention to the active transaction in the spot market over the past two days, pinning their hopes on an early recovery. The cash-strapped...
Monday 13 April 2009
Elpida CEO to visit ProMOS and Winbond for partnership talks
Yukio Sakamoto, president and CEO of Elpida Memory, will pay another visit to Taiwan this week looking to forge trilateral cooperation with ProMOS Technologies and Winbond Electronics,...
Friday 10 April 2009
Micron-Nanya camp to build IP for Taiwan DRAM, asking support from government
The Micron-Nanya camp has similar goals to those of the Taiwan government in respect to restructuring the island's memory-chip industry, according to CJ Wu, chairman of Nanya Technology...
Friday 3 April 2009
ProMOS postpones convertible bond delivery date
Taiwan's ProMOS Technologies has said that the delivery date for the tender offer of its US$350 million convertible bonds (CBs) will be postponed for two days to April 5, as the company's...