jdassoc: John, what am I reading? Is this of any significance? BW0846 OCT 18,1999 17:00 PACIFIC 20:00 EASTERN
( BW)(CA-TESSERA) Tessera and LG Electronics Announce Technology Agreement; Firms to Partner on Development, Manufacturing and Marketing of Two-Metal Substrate for Chip Scale Packaging Technology
Business Editors/High-Tech Writers
SAN JOSE, Calif.--(BUSINESS WIRE)--Oct. 18, 1999--Tessera, Inc. and LG Electronics Inc. PCB OBU today announced that they have signed a technology agreement that will ultimately enable broad availability of low-cost, two-metal substrate for chip scale packages. Tessera's uBGA(R) technology has been accepted as the de facto standard for a number of memory architectures, including Flash and Rambus RDRAM. The ultimate objective of the partnership is to develop and expand the market for chip scale packaging technology into high pin count, high-performance applications such as ASIC and DSP. The partnership recognizes and leverages the relative strengths of the two companies: Tessera as a leading developer and marketer of innovative chip scale packaging technology, and LG Electronics PCB OBU as a leading substrate manufacturer. According to the terms of the agreement, LG Electronics PCB OBU will operate Tessera's two-metal substrate organization in San Jose as an R&D center, and prototype and pilot production line. Both companies will supply resources to staff the operation, and employees will remain part of their respective companies. The objective is to transfer the developed process to LG Electronics PCB OBU's Korean facility for high-volume production and continued cost reduction. Tessera has also agreed to provide design, marketing and sales support to launch and accelerate the adoption of two-metal tape into the semiconductor assembly infrastructure. "We view this partnership as critical to the adoption of Tessera's advanced chip scale packaging technology for a broad range of applications," said Bruce McWilliams, Tessera's president and chief executive officer. "With LG Electronics as manufacturing partner for two-metal substrate, we will continue to provide the industry with chip scale technology that enables ever smaller, faster and lower-cost semiconductor devices that utilize a standard and compatible package and assembly infrastructure." "The partnership with Tessera, coupled with our existing production capability, will enable an accelerated ramp of advanced substrates, providing our customers with a single source for package substrates over a broad range of applications," said Harry J. Ha, vice president of LG Electronics Inc. PCB OBU. "Ultimately, the entire industry will benefit as chip scale packaging enables products such as cellular phones, computers and Internet access devices to provide more features with higher performance in ever smaller form factors."
About Tessera
Tessera is the leading provider and licenser of Chip Scale Packaging technology to the semiconductor industry. The company's technology enables the industry to deliver semiconductor devices optimized for performance, reliability, size and cost. Tessera's uBGA(R) package technology has been adopted as the de facto standard for a number of memory architectures, with over 250 companies supporting the package with materials, equipment and test solutions. Tessera currently licenses its advanced packaging technology to over 30 assembly and semiconductor companies, including Amkor, ASE, AMD, ChipMOS, ChipPAC, EEMS, Hitachi, Hyundai, Infineon, Intel, IPAC, LG, Mitsui, Samsung, Sharp, Shinko, Sony, SPIL, ST Microelectronics, Texas Instruments and Toshiba. Tessera is based in San Jose, Calif. For more information, visit www.tessera.com.
About LG Electronics PCB OBU
Based on the corporate philosophy of creating value for customers, LG Electronics PCB OBU (Operating Business Unit) has grown to be one of the top-class PCB suppliers. To support the multi-media and telecommunication industries, PCB OBU has accumulated advanced mass production technology in the areas of Single-sided, Multi-layer Board, Ball Grid Array, and Chip Scale Package substrates. In addition, through the certification of ISO 9002 the PCB OBU has laid the foundation for a systematic quality assurance system and has been improving its reliability for customer satisfaction. For more information, visit pcb.co.kr.
Note to Editors: Tessera and uBGA are registered trademarks and WAVE is a trademark of Tessera Inc. All other brand and product names may be trademarks of their respective companies. The "u" in the package technology "uBGA" mentioned above should be the Greek letter "mu," standing for micro.
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CONTACT: The Hoffman Agency for Tessera Paul Barbieri, 408/286-2611 pbarbieri@hoffman.com or PCB OBU, LG Electronics Inc., Korea Yongil Kim Ph.D., 82-339-3701-345 yikim@lge.co.kr KEYWORD: CALIFORNIA INTERNATIONAL ASIA PACIFIC INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS HARDWARE MARKETING AGREEMENT |