Silicon Investor (SI) -- The First Internet Community

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 : Alliance Semiconductor -- Ignore unavailable to you. Want to Upgrade?

To: DJBEINO who wrote (8957)	11/27/2000 8:21:24 AM
From: DJBEINO	Respond to of 9582

Flextronics International Joins UMC's Preferred Foundry Program Global Electronic Manufacturing Services (EMS) Provider Aligns With UMC to Provide Leading-Edge Capacity to Its Suppliers SUNNYVALE, Calif.--(BUSINESS WIRE)--Nov. 27, 2000-- UMC (NYSE:UMC - news) today announced that Flextronics International (NYSE:FLEX - news) has joined its Preferred Foundry Program. The world renowned EMS Provider has agreed to endorse UMC as a member of its Preferred Foundry Program to its chip suppliers. As part of the program, Flextronics has qualified UMC to manufacture chips for its suppliers, and likewise extends pre-qualification to UMC customers, for new vendor designs and/or components for which Flextronics controls the qualification process. ``Flextronics is the leading supplier of EMS to Original Equipment Manufacturers (OEMs) in a wide range of fast growing markets and applications. Accordingly, they are seeking access to leading-edge technologies and ways to efficiently qualify the designs and fab processes prior to manufacturing to ensure high-quality end products are available to ramp at the optimal market window,'' said Jim Kupec, senior vice president of worldwide marketing and sales at UMC. ``We are helping Flextronics address these requirements directly by providing high-volume, ramp-up capacity to its suppliers in our newest fabs, utilizing UMC's advanced process technologies. In addition, Flextronics suppliers will have the opportunity to gain access to our 0.13 micron, copper WorldLogic(SM) technology.'' Kupec continued, ``We have proven to Flextronics that we manufacture with superior cycle times and yields. Thus, Flextronics has agreed to accelerate the qualification process for its vendors that utilize UMC. This will prove mutually beneficial not only to UMC and Flextronics, but also to Flextronics' suppliers and customers.'' Stephen C. Martson, senior vice president and chief procurement officer at Flextronics noted, ``Joining UMC's Preferred Foundry Program is an important move for Flextronics, particularly as industry indicators show that the world's leading semiconductor companies have approached maximum capacity. This relationship with UMC will help successful designs to ramp-up production volumes rapidly for Flextronics suppliers, which, in turn will enhance Flextronics' ability to maintain its delivery schedules. Martson continued, ``We selected UMC as our preferred foundry because it has a proven track record with a number of our suppliers for quickly ramping leading-edge technologies to high yields, achieving outstanding quality and timely delivery. This makes us confident that those suppliers that migrate to UMC will benefit from the same superior level of service.'' biz.yahoo.com

To: DJBEINO who wrote (8957)	11/28/2000 1:21:36 AM
From: DJBEINO	Read Replies (1) \| Respond to of 9582

UMC (2303) closed @ 54.00 -1.50 vol 41,461,156 +++++++++ TAIWAN WEIGHTED closed @ 5362.26 -71.52 (-1.32%) Day's Range :5337.42 - 5411.00 ++++++++ Taiwan Shrs End Dn;Technical Correction After Recent Rise TAIPEI (Dow Jones)--Taiwan shares ended lower Tuesday on a technical correction after five straight sessions of gains totaling 12%, analysts and traders said. Some dealers said a modest 0.8% decline in the Nasdaq Composite Index overnight may also have contributed to the fall.