The
Semiconductor Equipment Assessment Leveraging Innovation (SEAL) project has had
a successful first year of operation, reports Fries Research & Technology
(FRT). FRT, along with Siltronic AG and the Fraunhofer-Institut für
Integrierte Systeme und Bauelementetechnologie, were praised in a 12-month
report carried out by the EU and the review panel.
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South Korean conglomerate STX Group and Abu Dhabi state-owned fund Aabar Investments are to put in a joint bid for a 15% stake in Hynix Semiconductor, an anonymous source yesterday told Reuters.
Spin transfer torque random access memory (STT-RAM) developer, Grandis is being acquired by Samsung Electronics. The Silicon Valley-based firm will be merged into those Samsung's R&D operations that are focused on developing the next-generation of memory products. The acquisition includes the full scope of technology, assets and human resources of Grandis, though further details concerning the transaction were not disclosed.
Softening demand coupled to the need for an IC inventory correction in
the third quarter of 2011, has meant leading foundry, TSMC has tweaked
downwards by 5% its capital expenditure plans for the full year.
Instead of spending approximately US$7.8 billion, TSMC now expects to
spend in the region of US$7.4 billion. TSMC said in a conference call
that its 28nm ramp had experienced delays due to customers deferring
migration of chips to the next node due to the global economic
conditions, rather than due to any fabrication issues.
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An agreement has been reached between Spansion and Samsung Electronics
over a long-running patent dispute. Under the terms of the agreement,
Spansion and Samsung have agreed to a seven year cross license of each
other's patent portfolios. As part of the overall agreement, Samsung
will pay Spansion US$150 million over five years with an initial payment
of US$25 million due in August 2011.
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Citing the need to continue to meet customer demand for its
semiconductor foundry services and plans to invest US$ billion in fab
expansions on several continents, Globalfoundries has appointed Ajit
Manocha as its new interim Chief Executive Officer, while James Norling
will move to become Executive Chairman. Ibrahim Ajami will now serve as
Vice Chairman of the board of directors. The current CEO since
inception, Doug Grose will become a senior advisor to the foundry and
owner, ATIC with a focus on technology leadership. Chia Song Hwee, Chief
Operating Officer, will remain with the company in that position until
August 2011, when he will return to be part of Singapore’s business
future. All appointments were said to be effective immediately.
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