Cypress Opens Philippines Assembly/Test Facility.SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--Sept. 20, 1996--Cypress Semiconductor Corp. (NYSE NYSE See: New York Stock Exchange :CY) announced the opening of a new assembly and test plant in the Philippines. By 1998, the Cypress Philippines plant will test and package 300 million semiconductor devices a year, processing devices that will account for more than half of the computer chipmaker's global sales, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Cypress Vice President/Worldwide Manufacturing, Louis Chetaud. The company's investment in the 162,000-square-foot facility, Cypress Semiconductor Philippines Inc. (CSPI CSPI Center for Science in the Public Interest CSPI Corporate Service Price Index CSPI Cumulative Schedule Performance Index ), will total an estimated $110 million when fully operational. The new facility is equipped with a Class 1000 clean room for all assembly operations, and with state-of-the-art laser marking and automated process equipment control systems. "The establishment of Cypress Semiconductor is a vote of confidence in the Philippines and its future," said Philippine President Fidel Ramos at the plant's inauguration ceremonies. "Cypress's integrated assembly and test line aims to improve cycle time by 70% and to achieve significant cost reductions," Chetaud said. "We seek to facilitate the fast market introduction of volume packages and products, including Cypress SRAMs (static random access memories) and FCT FCT Faculdade de Ciências e Tecnologia (Portuguese University) FCT Fundamentals of Computation Theory FCT Fundação para a Ciência e a Tecnologia (Portuguese Science and Technology Foundation) Logic. The Philippines facility enhances Cypress's global capabilities and reinforces our commitment to world-class quality." Cypress also operates regional assembly and test plants in Thailand and Indonesia, and design facilities in England and India. Heading the Philippines plant will be Fritz Beyerlein, a Cypress founder and an expert in operations management and electronics and integrated-circuits packaging; and Hebert Clement, another Cypress employee during the 1980s, who returns to serve as general manager. Cypress Semiconductor Corp. is an international supplier of high-performance integrated circuits with worldwide headquarters in San Jose. The company provides a broad range of products for leading computer, networking, and telecommunications companies worldwide. The company's product line includes static RAM, EPROM EPROM in full erasable programmable read-only memory Form of computer memory that does not lose its content when the power supply is cut off and that can be erased and reused. and speciality memories, programmable logic devices (PLDs), field-programmable gate arrays (FPGAs), data communications products, and personal computer chipsets and timing devices. Cypress shares are listed on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol CY. The company has a site on the worldwide web at http://www.cypress.com. CONTACT: Cypress Semiconductor Corp. Manny Manny may refer to: In nobility:
Joseph L. McCarthy, 408/943-2902 (press) |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion