Global Foundries to takeover DRAM firm ProMOS Technologies

/ 7 years ago

AMD founded firm Global Foundries is reportedly looking to expand production by taking over a firm going through financial difficulties. ProMOS Technologies are a company based in Taiwan and reportedly are worth $506-760 million in a takeover deal. They own a 300mm wafer production plant in Taichung and are in danger of being delisted. The takeover would give Global Foundries a presence in Taiwan which is where their rival TSMC are mainly based.

By completing the takeover of ProMOS, Global Foundries is expected to have a better chance of getting contracts by big companies in Taiwan and China that are currently working with TSMC or UMC. ProMOS’ Taichung fabrication plant has a production capacity of 60,000 wafers per month and that would add almost 50% to the 130,000 wafers/month that the Global Foundries facilities in Germany and Singapore produce.

Source: Digitimes


By supporting eTeknix, you help us grow. And continue to bring you the latest news, reviews, and competitions. Follow us on Facebook and Twitter to keep up with the latest technology. Share your favourite articles, chat with the team and more. Also check out eTeknix YouTube, where you'll find our latest video reviews, event coverage and features in 4K!
eTeknix FacebookeTeknix TwittereTeknix Instagram

Check out our Latest Video

Speak Your Mind

Tell us what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!

  • Be Social with eTeknix

  • Poll

    Who Is Your Favourite Motherboard Brand?

    View Results