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Promos to shut down 8-inch wafer fab


Monday, October 6, 2008

ProMOS Technologies indicated today that since it has already successfully migrated all foundry products, as well as its own proprietary legacy products, from the 8-inch wafer fab (FAB 1) to the 12-inch wafer fab (FAB 2), it will now commence to shut down the 8-inch wafer fab, as originally planned.

This move together with other production capacity adjustments will reduce the memory maker's DRAM output by 10-15% in the fourth quarter. However, sales commitment and volume allocation to contract customers and long-term partners will not be affected, the company stated.

ProMOS also reported September's net sales of NT$2660 million (US$83.8 million), a 15% decrease compared to last month. The company's accumulated net sales for the first three quarters of 2008 were NT$26.5 billion (US$856.5 million).

By: DocMemory
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