Josephine
Lien, Taipei; Steve Shen, DIGITIMES [Thursday 7 February
2013]
Powerchip Technology, as most of the production equipment at its 12-inch
P3 fab has been sold to Globalfoundries and Texas Instruments, will end
production at the fab at the end of the first quarter of 2013, according to the
company.
The
decision will also mean that Powerchip will officially drop out of the commodity
DRAM market, said industry watchers.
Meanwhile, Powerchip revealed that it has received approval from its
creditor banks to extend the maturity dates of over two-thirds of its medium- to
long-term loans. However, the memory chip vendor did not disclose the total
amount of its debts.
After
liquidating the P3 fab, Powerchip will focus on providing foundry services for
non-memory ICs, specialty DRAM and other niche-market memory chips utilizing its
P1 and P2 plants, which have a combined capacity of 80,000 12-inch wafers a
month.
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