Virtus Enters Into Strategic Collaboration Agreement with Unimicron Group and Affiliated MEMS Foundry ChipSense.Mass Production of 3-axis Accelerometers Planned for 2007 PITTSBURGH & HSINCHU, Taiwan -- Virtus Advanced Sensors has entered into a strategic collaboration agreement with several Taiwan-based UMC UMC United Methodist Church UMC United Microelectronics Corporation UMC University Medical Center UMC United Microelectronics Corp (Republic of China) UMC University of Missouri-Columbia Group companies including Unimicron, Taiwan`s largest printed circuit board (PCB PCB: see polychlorinated biphenyl. PCB in full polychlorinated biphenyl Any of a class of highly stable organic compounds prepared by the reaction of chlorine with biphenyl, a two-ring compound. ) manufacturer and affiliated MEMS (MicroElectroMechanical Systems) Tiny mechanical devices that are built onto semiconductor chips and are measured in micrometers. In the research labs since the 1980s, MEMS devices began to materialize as commercial products in the mid-1990s. foundry ChipSense. UMC is the world`s second largest semiconductor foundry and parent company of Unimicron. The companies will collaborate on producing 3-axis accelerometers for a variety of consumer electronics oriented market applications including cell phones, laptop computers and car navigation systems. The agreement includes collaboration on product design, production, marketing and sales activities. `We believe this alliance will produce the results we are looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. this time next year. Our goal is to eventually establish our technology as the global standard for 3-axis accelerometers for consumer electronics applications. This partnership is a first step toward that goal`, according to Virtus President & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Louis Ross. According to Mr. Ross, `ChipSense has the capability and capacity to deliver reliably volume production` and has the full support of its parent companies UMC and Unimicron. ChipSense Chairman Simon Chou believes the `collaboration allows both ChipSense and Virtus to benefit a lot from each others complementary strengths. With this collaboration, Virtus has a reliable and capable manufacturing partner, ChipSense, and this is also a further validation of Virtus` technology. For ChipSense, it will build up very valuable technological know-how and access to a fast-growing market. This is truly an exciting time for both companies." ChipSense President Robert Hsieh believes the collaboration represents "Oa historical moment for both Virtus and ChipSense` and looks to introduce 3-axis accelerometer accelerometer Instrument that measures acceleration. Because it is difficult to measure acceleration directly, the device measures the force exerted by restraints placed on a reference mass to hold its position fixed in an accelerating body. products from the collaboration to the market by Q4 of 2007. ChipSense has expanded its operations over the past several years and is increasing its investment in new equipment and personnel. The parent company of ChipSense is Unimicron, the 6th largest printed circuit board (PCB) manufacturer in the world and member of the UMC Group. Mr. T. J. Tseng, Chairman of Unimicron Group, believes that `Othe 3-axis accelerometer can be applied in many aspects and there could be explosive growth in the near future, especially for consumer electronic products. I am convinced this will be an opportunity for Virtus and ChipSense as 3-axis accelerometer products have great potential.` Unimicron also recently acquired Asia Pacific MicroSystems, Taiwan`s largest MEMS foundry, and now employs over 350 people working on MEMS. Production will take place in 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. , established in 1980. The Park is home to most of Taiwan`s producers of wafers, integrated circuit foundries, mask read-only memory (storage) Mask Read-Only Memory - (MROM) A kind of ROM in which the memory contents are determined by one of the masks used to manufacture the integrated circuit. MROM can give high storage density (bits per millimeter squared) making it a cheap solution for high volume applications. , ADSL See DSL. ADSL - Asymmetric Digital Subscriber Line modems, Web cards, and small thin-film liquid-crystal displays. About Virtus Advanced Sensors Virtus Advanced Sensors is a next-generation sensor company commercializing multi-axis inertial and force sensors developed using MEMS (Micro Electro-Mechanical Systems) technology and micro-machining methods. Virtus maintains one of the largest patent portfolios in the world for MEM-based multi-axis inertial sensors. Virtus currently maintains offices in the United States and Japan. |
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