Powerchip Semiconductor Corporation (PSC) Chairman said it has no plan to participate in Taiwan Memory Company (TMC).

Company chairman Frank Huang said on Tuesday that at present PSC will not join TMC campaign, which is seeking technology transfer from PSC's Japanese partner Elpida Memoery. He said he cannot see the difference between PSC's and TMC's roles.

Huang added that TMC has yet to secure funding although the Taiwan government has promised financial support from its National Development Fund for the TMC task to revamp the local DRAM industry.

Huang earlier reiterated that PSC would initiate a new round of strategic alliance talks with its Japanese counterpart, and bring up self-rescue solutions to tackle its financial crisis. His latest remark comes a day after Elpida increased its share to 52% in Rexchip Electronics, its joint venture with PSC.

Rexchip reportedly has been considered as an production platform for TMC, which plans to confirm its technology partner in the next three months and officially begin its operation by the end of the third quarter.

John Hsuan, in charge of the establishment of TMC, has stated that TMC will request no more than NT$30 billion (US$880.54 million) from the government to overhaul the island's stagnating memory-chip industry

By: DocMemory
Copyright © 2023 CST, Inc. All Rights Reserved