Headline: IDT Signs Foundry Agreement With IBM to Increase Capacity for IDT WinChip Microprocessors
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SANTA CLARA, Calif.--(BUSINESS WIRE)--March 17, 1998--Integrated
Device Technology, Inc. (IDT) announced today it has signed a foundry
agreement with IBM using their 0.25-micron, 2.5-volt IBM Blue
Logic(TM) technology to manufacture IDT WinChip(TM) C6+(TM)
microprocessors.
The three-year agreement, which also includes the production of
future generations of the IDT WinChip microprocessor, allows IDT
access to IBM's leading-edge semiconductor manufacturing technology
and provides IDT with the additional capacity needed to meet demand in
the fast-growing, low-cost PC market.
"Manufacturing WinChip microprocessors in both IDT's and IBM's
8-inch wafer fabrication plants gives our customers confidence that
IDT will have adequate supply to meet their requirements," said Len
Perham, IDT's president and chief executive officer.
"This agreement provides us with the necessary capacity and
flexibility to meet the volume requirements for all of IDT's various
product lines," stated Mike Hunter, vice president of worldwide
manufacturing at IDT. "Additionally, we can be in production
simultaneously on various WinChip products aimed at different target
markets."
IBM will use its state-of-the-art 0.25-micron CMOS process
technology to manufacture the IDT WinChip processors at its eight-inch
wafer fabrication facility in Burlington, Vt.
"We look forward to participating in the production of IDT's
innovative WinChip processors," said Ken Torino, director of
semiconductor contract manufacturing at IBM. "Our advanced
manufacturing capabilities are a strong match with IDT's requirements
for a high-quality, cost-effective source."
The IDT WinChip C6+ processor has been designed with a highly
silicon-efficient architecture to reduce die size and lower power
consumption, making it an ideal solution for the sub-$1,000 PC desktop
and sub-$2,000 mobile PC market segments.
"Our manufacturing strategy has played a big role in allowing us
to deliver processors with the best performance per watt and per
dollar," said Glenn Henry, IDT senior vice president and president of
Centaur Technology. "And now, by matching our production roadmap with
IBM's manufacturing expertise, IDT expects to increase significantly
the performance and features of future WinChip processors, without
compromising our size, power or cost advantages."
Wafer production for current and future IDT WinChip processors
will also be handled by IDT's manufacturing facilities in Hillsboro,
Ore. and San Jose, Calif. Both locations are in production at
0.30-micron and are presently moving to 0.25-micron. More information
on the IDT WinChip can be found at winchip.com.
About IDT
Integrated Device Technology, Inc. (IDT) enables a digitally
connected world by providing innovative semiconductor solutions to
leading-edge designers in communications and computing. IDT's broad
product mix consists of communications memories, networking devices,
both RISC and X86 microprocessors, high-speed SRAMs and
high-performance logic.
The company's innovative technologies and products take aim at
markets expected to exceed a total of $20 billion in 1998.
Headquartered in Santa Clara, Calif., the company employs
approximately 4,800 people worldwide and has manufacturing facilities
in California, Oregon, the Philippines and Malaysia. IDT stock is
traded on the NASDAQ stock market under the symbol "IDTI." Additional
information about IDT is easily accessible through the World Wide Web
(http://www.idt.com), CD-ROM by calling 800/345-7015, or via
fax-on-demand at 800/9-IDT-FAX. The investor hotline is 408/654-6420.
Forward-looking statements in this release involve a number of
risks and uncertainties including, but not limited to, product demand,
pricing, patent and other intellectual property rights of third
parties, timely development and supply of new products, and other risk
factors detailed in the company's Securities and Exchange Commission
Filings. Actual results may differ materially from the Company's
projections.
Note to editors: IDT WinChip and C6+ are trademarks of Integrated
Device Technology, Inc. IBM Blue Logic is a trademark of International
Business Machines Corporation. Integrated Device Technology, Inc.
disclaims any proprietary interest in the trademarks of others.
CONTACT: IDT Corporate Communications
Julie Cline, 408/654-6464
cline@idt.com
or
Tsantes & Associates
Dean Fisk, 408/369-1500, ext. 35
dfisk@tsantes.com
KEYWORD: CALIFORNIA OREGON VERMONT
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED TELECOMMUNICATIONS
PRODUCT
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