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

To: Gottfried who wrote (9238)	10/23/1997 11:57:00 AM
From: Darin	Respond to of 70976

To All, Siemens-Mosel Vitelic DRAM venture starts up Taiwan fab in just 11 months HSINCHU, Taiwan--ProMOS Technologies Inc. here has begun ramping up its 8-inch wafer fab, which is scheduled to be operating at full capacity by year's end fabricating 64-Mbit DRAMs with 0.35-micron technology. During an opening ceremony this week, officials said the company's initial production schedule calls for 20,000 wafers to be processed a month by ProMOS, which is a joint venture between Taiwan's Mosel Vitelic Inc. and Munich-based Siemens AG's Semiconductors division. The joint venture was formed 11 months ago. Mosel Vitelic and Siemens said they plan to make a total capital investment of $1.7 billion in ProMOS over the next three years. During 1998, ProMOS said it will convert its wafer processing lines to Siemens' 0.25-micron technology for 64-Mbit and 256-Mbit DRAMs. "The ProMOS joint venture represents an important step in the company's globalization strategy. Our excellent partnership with Mosel Vitelic helps to strengthen our presence in Asia Pacific," said Ulrich Schumacher, president and CEO of Siemens Semiconductors. "As part of our [worldwide] $6 billion investment, the new facility in Taiwan also makes Siemens Semiconductors the only supplier to establish 64-Mbit wafer fabrication on three continents -- Europe, Asia and North America."