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Qimonda Portugal sells surplus assets to help fund new business venture

26 March 2010 | By Mark Osborne | News > Fab Management

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Qimonda Portugal is getting set to sell surplus assets via GoIndustry DoveBid, which recently organised the auction of Qimonda’s front-end equipment at its 300mm fab in Dresden, Germany as part of the insolvency proceedings for Qimonda AG. However, the back-end DRAM assembly and test facility in Vila do Conde (Porto), Portugal plans to use the proceeds of the sale to become an independent company, with a new business model and the possibility of entering new markets.

“It was important for us and for the Portuguese economy, to keep the existing operations going.” says Armando Tavares, President of the Executive Board. “Our goal is to ensure we continue to make a contribution to the community.”

The surplus assets from Qimonda Portugal are available via an extensive Asset Sale Programme, which include private negotiated sales, managed by GoIndustry DoveBid. The sales include broad-based selection of semiconductor back-end equipment, some of which were used for the assembly and test of DRAM Memory chips.

The equipment is available as individual items, separate process lines, or as a complete package. Some of the equipment available was said to constitute a complete production facility with an overall capacity of 6 million chips/week.

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