Catalyst Semiconductor (CATS) -- What's New? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Catalyst Semiconductor (CATS) -- What's New?

CATS 25.89

+1.6%

Jul 2 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: JACK SHOYKHET who wrote ()	4/17/2000 5:56:00 PM
From: Paul Lee	of 436

Catalyst Semiconductor, Inc. Announces Volume Shipments From Second Foundry At XFAB SUNNYVALE, Calif.--(BUSINESS WIRE)--April 17, 2000--Catalyst Semiconductor, Inc. (OTC:CATS - news) today announced that has started volume shipments of products manufactured at XFAB in Lubbock, Texas. Together with additional capacity recently opened in a second fab at Oki Semiconductor, the Company's principal foundry, XFAB will provide a significant increase in foundry capacity in an environment characterized by severe shortages. XFAB is owned by Elex NV, a Belgian holding company that holds approximately 34% of Catalyst's stock and has foundry operations both in Texas, USA and Germany. Radu Vanco, the Company's President and CEO said, ``Opening the additional foundry at XFAB represents a major development, removing a principal obstacle for revenue growth in the current business environment, which is characterized by shortage of certain Flash and EEPROM products we manufacture.'

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next