Monday, October 18, 2004
Fairchild Semiconductor has announced a five-year foundry agreement with Jilin Sino-Microelectronics (JSMC) to manufacture selected Fairchild MOSFET and bipolar power products at JSMC's fab in Jilin City, Jilin Province in China.
The move will see JSMC provide additional capacity for Fairchild's more mature power products to support its customers' growth. Fairchild already had plans in place to increase its in-house manufacturing of its top-line power products, and recently announced the expansion of its Mountaintop, Pa., plant dedicated to power components and is rapidly ramping production at its new Suzhou, China assembly and test facility.
"The demand for our power products remains broad-based with particular strength in the consumer, ultra portable and industrial end markets," said Kirk Pond, Fairchild's president and CEO, in a statement. Indeed, the company's power products helped pull it through a slow Q3, Fairchild reported Thursday.
"Asia Pacific is the fastest growing region globally and this agreement with Jilin Sino-Microelectronics enhances our ability to deliver products locally, quickly and cost effectively," Pond continued. "This agreement demonstrates our commitment to the region, hallmarked by our recent investment in a new production facility in Suzhou."
Financial terms of the agreement were not disclosed.
By: DocMemory Copyright © 2023 CST, Inc. All Rights Reserved
|