Monday, May 9, 2005
Opticom ASA (Oslo, Norway), a company that has worked with Intel Corp. for several years on a multilayer, nonvolatile plastic memory, has decided to continue supporting its Swedish subsidiary at current levels for six months, despite a decision by Intel to cut back polymer memory activities.
After Intel's decision in January Opticom immediately scaled back operations at its subsidiary, Thin Film Electronics AB (Linkoping, Sweden), and started a review of the company's activities and technology position.
Opticom said Thursday (May 5) that, following the review, it had approved a plan to maintain TFE's technical facilities at current levels for at least a further six months in the hope of exploiting TFE's leadership position in polymer memory research.
"What is clear from the review is that TFE remains a leader in the field of polymer electronics. The company has pioneered polymer memory technology and TFE has a comprehensive patent portfolio," Opticom said in a statement.
Opticom said TFE management would explore various technical and commercial options for TFE's technology both in the hybrid polymer-over-silicon form and in the all-polymer form. It added that application areas others than those studied with Intel that needed less comprehensive performance and robustness would be studied as well as alternative production methods.
Staffing overall has been reduced to 17 in Linkoping and five in Oslo, Opticom said.
By: DocMemory
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