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SanDisk invests further into Tower, boost to 130nm production expansion |
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Aug 02, 2006 at 07:07 PM |
 SanDisk Corporation is expected to invest further capital into Tower Semiconductor as part of deal to enable the foundry to increase capacity at Fab 2 for 130nm node production. An MOU (Memorandum Of Understanding) has been signed that will provide SanDisk with guaranteed capacity at the 130nm node in Fab 2 in 2007 and 2008 as well as an option in 2009.
"SanDisk continues to execute on an aggressive technology roadmap which has moved a large volume of our controller products to 0.13-micron technology," said Dr. Randhir Thakur, Executive Vice President of Technology and Worldwide Operations, SanDisk Corporation. "We have a long standing business relationship with Tower, based upon Tower's best of class responsiveness to our business needs through design services, process know-how and operational flexibility. We are pleased to work with Tower to help secure supply of our controllers in the 0.13-micron process. "
Towers Fab 2 has a current capacity of up to 15,000 200mm wafers per month.
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