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Spansion enters foundry agreement with SMIC |
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Oct 25, 2007 at 02:42 PM |
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 Spansion has signed its first foundry agreement with SMIC to fabricate 65nm NOR flash on 300mm wafers in China. SMIC has gained a license to enter selected segments of the Flash memory market and a license to manufacture and sell 90nm and 65nm devices into the Chinese market. Spansion will transfer its 65nm ‘MirrorBit’ technology to SMIC.
"By partnering with SMIC, a leading foundry in China, we can better serve our customers, with products made in China for the China market," said Bertrand Cambou, President and CEO of Spansion, Inc. "As a result of our team's success, we have the opportunity to take our business to the next level and expand opportunities in this exploding region."
"As Spansion has made strategic plans for the China market, SMIC has made great strides anticipating the growing Flash memory market. Our partnership with the NOR Flash memory technology leader fortifies these strategic synergies," said Dr. Richard Chang, President and CEO of SMIC. "With the booming China consumer electronics market comes the opportunity to create and nurture the growth of various Flash memory services and markets. We look forward to collaborating with Spansion to manufacture its leading-edge MirrorBit technology and develop Flash-based content delivery applications."
Spansion also has a foundry agreement with TSMC for 90nm and 65nm production.
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