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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Tito L. Nisperos Jr. who wrote (32250)	8/24/1999 10:22:00 AM
From: Proud_Infidel	Read Replies (1) \| Respond to of 70976

Taiwan's PSMC to Invest US$2.5B in IC Wafer Plants August 24, 1999 (TAIPEI) -- Pacific Semiconductor Manufacturing Corp. (PSMC) plans to spend NT$80 billion to set up two plants for producing 8-in. and 12-in. IC wafers. Both facilities will be in the Taoyuan Science-based Industrial Park. IBM Corp. will transfer necessary technologies in exchange for royalties. The 8-in. wafer plant is expected to start ramping up production in the second half of 2000. PSMC is a venture backed by IBM, Pacific Electric Wire & Cable Co., Ltd., EVA Airways Corp., Fubon Insurance Co., Yageo Corp., and an affiliate of Continental Engineering Corp. Thus, most of its shareholders are involved in Taiwan's High-Speed Railway project. PSMC's latest project is said to be highly valued by the Ministry of Economic Affairs (MOEA). The project represents the third transfer of semiconductor technologies from IBM, following those for TSMC-Acer Semiconductor and Nan Ya Technology Corp. Already, PSMC has purchased a parcel of land (of 15,000 sq. meters) in Taoyuan Park, for the wafer foundry. IBM has promised to transfer process technologies for 0.25-micron to 0.15-micron wafers and copper interconnection. (NT$31.92 = US$1) (Commercial Times, Taiwan) nikkeibp.asiabiztech.com