DocMemory
 
Home
News
Products
Shop
Memory
Corporate
Contact
 

News
Industry News
Publications
CST News
Help/Support
Member Area
Tester Brochure
Demo Library
Software
Tester FAQs

biology medicine news product technology definition

Saturday, May 26, 2018
Memory Industry News
Email ArticlePrinter Format PreviousNext

Powerchip goes IPO to fund new chip plant


Friday, May 11, 2018

Powerchip Technology Corp (Á¦¾§¿Æ¼¼) aims to relaunch an initial public offering (IPO) in 2020 in Taiwan to fund construction of a NT$278 billion (US$9.31 billion) 12-inch fab.

It said it submitted an application to the Hsinchu Science Park Administration to rent land for the fab in Tongluo Industrial Park (ã~茿ƌWˆ@…^) in Miaoli County.

The plant would be the biggest investment by the Hsinchu-based chipmaker in about a decade after it emerged six years ago from deep financial woes caused by a slump in the DRAM industry.

It has spent the past few years clearing debts of NT$120 billion.

Powerchip turned a net profit of NT$8.08 billion last year, or NT$3.54 per share, as it has transformed itself into a supplier of driver ICs used in LCD panels and memory chips for other companies.

¡°Powerchip has to build a new fab to fill clients¡¯ orders,¡± founder Frank Huang (üS³çÈÊ) told a media briefing. ¡°We are having headaches about capacity distribution. Our factories are running almost at 100 percent now.¡±

It plans to invest NT$58 billion into the first phase of construction of the plant, which will be the firm¡¯s fourth, he said, adding that it has been designated to produce 20-nanometer chips, with an installed capacity of 100,000 wafers.

¡°The Fab 4 will help increase capacity of logic chips, rather than memory chips,¡± Huang said, adding that construction is set to begin in 2020.

Making a comeback to the local stock market would help fund the construction, Huang said.

Powerchip makes driver ICs, metal-oxide-semiconductor field-effect transistors (MOSFETs), and niche chips for other firms.

MOSFETs are transistors that can change conductivity with the amount of applied voltage and can be used for amplifying or switching electronic signals.

MOSFET supplies have tightened due to strong demand from new applications such as electric vehicles and Internet-of-Thing devices, Powerchip said.

Their use in electric cars is expected to double from today¡¯s 10 units to about 20, or 25 units, Huang said, adding that Powerchip also supplies memory chips for the mining of cryptocurrency such as ethereum.

By: DocMemory
Copyright © 2018 CST, Inc. All Rights Reserved

Email ArticlePrinter Format PreviousNext
Latest Industry News
California court ordered Samsung to pay $539 million in damages to Apple5/25/2018
Chinese foundries work hard to transition towards sub-10nm process5/25/2018
China starts to supply processor chips from domestic semiconductor makers5/25/2018
The chip world has to go “heterogeneous integration” (HI)5/25/2018
A startup works with Imec to shrink the SRAM cell5/24/2018
TSMC starts production on Apple next generation chip5/24/2018
Wyoming bets on blockchain economy5/24/2018
European economy still weak5/24/2018
A shortage on 200mm fab. capacity5/23/2018
Samsung and SK hynix plan to invest US$42 billion on semiconductor manufacturing5/23/2018

CST Inc. Memory Tester DDR Tester
Copyright © 1994 - 2018 CST, Inc. All Rights Reserved