SI
SI
discoversearch

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.
Politics : Formerly About Applied Materials
AMAT 322.51+6.1%Feb 6 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: StanX Long who wrote (63000)4/19/2002 1:40:27 AM
From: StanX Long  Read Replies (1) of 70976
 
Taiwan Winbond:Ends Tech Development Pact With Fujitsu,Toshiba
Friday April 19, 12:11 am Eastern Time

biz.yahoo.com

TAIPEI -(Dow Jones)- Winbond Electronics Inc. (Q.WBE), a memory chip producer, said Friday it is ending a technology development and transfer pact with Japan 's Toshiba Corp. (J.TOS) and Fujitsu Ltd. (J.FUT).

The reason is because Toshiba last year announced it was pulling out of the dynamic random access memory chip market, Winbond said in a filing with the Taiwan Stock Exchange.

Winbond and the Japanese companies had announced an alliance in 2000 for developing next-generation DRAM devices.

All three companies agreed to end the pact, Winbond said.

Toshiba last year said it would withdraw from the commodity-grade DRAM business by selling related assets to Micron Technology (NYSE: MU - news) Inc. (MU).

Winbond has scheduled a press conference at 0600 GMT ( 2:00 a.m. EDT) at the stock exchange to give further details.

(This story was originally published by Dow Jones Newswires)
Copyright (c) 2002 Dow Jones & Company, Inc.
All Rights Reserved
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext