Renesas Technology and Powerchip Semiconductor to Launch Joint Venture for Designing Memory Products.TOKYO -- Renesas Technology Renesas Technology Corporation (ルネサス テクノロジ| Corp. today announced that Renesas Technology Corp. and Powerchip Semiconductor Powerchip Semiconductor is a maker of DRAM memory chips and other semiconductor chips. Powerchip also sells foundry services to other firms. The company was founded in 1994 at Hsinchu Science Park in Taiwan. It has four fabrication lines, three of which handle 300mm silicon wafers. Corp. have agreed to establish a joint venture that will specialize in the design of advanced memory devices. Under the agreement, the two partner companies will both contribute engineering resources. The establishment of the new joint venture will enable both companies to overcome the key issues they are currently facing. "As a system solution provider, Renesas faces a continuous need to provide highly-advanced, sophisticated SiP (System in Package) solutions for the various markets; i.e. digital consumer and communication, that require short development time," said Shigeru Mori, general manager of Renesas Technology's Memory Business Unit. "In order to provide high-performance, low-cost SiP solutions quickly to market, we must be able to efficiently design advanced custom embedded memory. The joint venture company will strengthen our design capability in reaching out to this important market." "Powerchip Semiconductor, for its part, wishes to enhance its design resources," said Stephen Chen, Senior Vice President & General Manager of Memory Product Group at Powerchip Semiconductor Corp. "This agreement will enable us to offer an expanded lineup of standard memory devices bearing the Powerchip Semiconductor brand and to serve as a complement to the foundry services that presently are the company's main business segment." Renesas Technology and Powerchip Semiconductor expect the joint venture to produce designs for new memory devices delivering enhanced performance at reduced cost. Overview of Joint Venture * Date of establishment: February, 2007 * Investment ratio: Renesas Technology 35%, Powerchip Semiconductor 65% * Business activities: Design of advanced memory devices * Company name: Vantel Co., Ltd. (Headquarters: Minato Ward Minato Ward
* President: Shigeru Mori About Renesas Technology Corp. Renesas Technology Corp. is one of the world's leading semiconductor system solutions providers for mobile, automotive and PC/AV (Audio Visual) markets and the world's No.1 supplier of microcontrollers. It is also a leading provider of LCD Driver ICs, Smart Card microcontrollers, RF-ICs, High Power Amplifiers, Mixed Signal ICs, System-on-Chip (SoC), System-in-Package (SiP) and more. Established in 2003 as a joint venture between Hitachi, Ltd. (TOKYO:6501) (NYSE NYSE See: New York Stock Exchange :HIT) and Mitsubishi Electric Corporation (TOKYO:6503), Renesas Technology achieved consolidated revenue of 906 billion JPY JPY In currencies, this is the abbreviation for the Japanese Yen. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. in FY2005 (end of March 2006). Renesas Technology is based in Tokyo, Japan and has a global network of manufacturing, design and sales operations in around 20 countries with about 26,200 employees worldwide. For further information, please visit http://www.renesas.com. About Powerchip Semiconductor Corp. Established in December 1994 in Taiwan Hsinchu Science Park Hsinchu Science Park (Chinese: 新竹科學園區; Hanyu Pinyin: Xīnzhú Kē Xué Yuán Qū; Tongyong Pinyin: Sinjhú Ke Syué Yuán Cyu) was established by the government of Taiwan, ROC on December 15, 1980 with investment from the Kuomintang. , Powerchip Semiconductor Corp. (5346.TWO) focuses on the production and marketing of DRAM (Dynamic Random Access Memory Dynamic random access memory (DRAM) is a type of random access memory that stores each bit of data in a separate capacitor within an integrated circuit. Since real capacitors leak charge, the information eventually fades unless the capacitor charge is refreshed periodically. ) products. In 1998, PSC (Public Service Commission) Same as PUC. was listed publicly. As of 2006, PSC has three 12" (300mm) fabs and one 8" (200mm) fab, over 6,200 employees, and capital of over 62 billion NTD NTD Neural tube defect, see there . Ever since its foundation, PSC has developed long term strategic relationships with Japanese High-Tech firms. With Elpida and Renesas as its strategic partners, PSC develops the most advanced products including DRAM, Flash and System LSI LSI: see integrated circuit. (Large Scale Integration) Between 3,000 and 100,000 transistors on a chip. See SSI, MSI, VLSI and ULSI. and foundry products. PSC achieved annual revenue of 51.611 Billion NTD in 2005. For further information, please visit http://www.psc.com.tw. Product names, company names, or brands mentioned are the property of their respective owners. |
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