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Texas Instruments (TI) has submitted a bid for semiconductor manufacturing equipment from Qimonda's factory in Virginia as Qimonda is currently going through bankruptcy proceedings, its assets liquidated. TI and Qimonda have submitted their agreement to the bankruptcy court, which must still approve the bid agreement.

TI will use the equipment to expand its analog manufacturing capacity for future needs at an opportune price. The equipment is for production using 300mm wafers and, if completed, could result in the world's first 300mm analog wafer fab, providing TI a significant manufacturing cost and scale advantage compared with its analog competitors.