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TI-ACER JOINT VENTURE BEGINS SHIPPING ADVANCED SEMICONDUCTORS

 TI-ACER JOINT VENTURE BEGINS SHIPPING ADVANCED SEMICONDUCTORS
 TAIPEI, Taiwan, April 8 /PRNewswire/ -- Texas Instruments-Acer Incorporated, the semiconductor joint venture between Texas Instruments (NYSE: TXN) and Acer Incorporated has begun shipping advanced memory chips and expects to reach volume production in late 1992.
 The joint venture is the first high-volume submicron semiconductor manufacturing facility in the Asia-Pacific region (outside of Japan and Korea).
 TI-Acer is a submicron CMOS (complementary metal-oxide semiconductor) facility. It currently is shipping 4-megabit dynamic random access memory (DRAM) semiconductors that use 0.8-micron technology, and it has the technical capability to transition production to other semiconductors, including application-specific, advanced logic and non-volatile memory products.
 "Submicron CMOS technology will be essential to virtually all semiconductors over the next decade. The flexibility of TI-Acer to transition to other products will give the joint-venture facility the ability to quickly meet market demands in the fast-growing Asia-Pacific region," said Bob England, a vice president in TI's Semiconductor Group and a member of the TI-Acer board of directors.
 The 4-megabit DRAMs being produced by TI-Acer are used in a variety of equipment, including personal computers, fax machines and telecommunications systems.
 The worldwide market for 4-megabit DRAMs is expected to approximately triple in 1992 from 1991 in number of units sold. Over the lifetime of this product, the market is expected to be $30 billion.
 "The TI-Acer joint venture is well positioned to participate in this market. At TI-Acer we are beginning the first phase of our 4-megabit super shrink to 0.65-micron technology, which means we will be able to put more semiconductors on a wafer and further lower our costs," said Stan Shih, chairman of TI-Acer and chairman and CEO of the Acer Group.
 The joint venture was established in 1989 as a unique partnership between the U.S.-based semiconductor supplier Texas Instruments and Acer Incorporated, one of the world's top 10 personal computer manufacturers and the largest computer company in Taiwan.
 The TI-Acer joint venture is part of TI's strategy to establish a global network of submicron CMOS production capability. With the TI- Acer joint venture, TI now has such capability in all four of the world's major market regions: the United States, Japan, Europe and the Asia-Pacific region.
 The TI-Acer plant is "harmonized" with TI's other submicron CMOS facilities around the world. These manufacturing facilities are built around common materials, equipment and processes for maximum productivity and flexibility. This enables TI and affiliated joint ventures to transition between standard and differentiated products in response to customer needs, as well as to extend the life of the facilities and increase operating efficiency.
 Shih said that TI-Acer has made good progress from construction, to qualification and shipment of product, and now toward volume production. "We are very pleased with the progress that has been made and with the total quality approach that has been implemented," he said.
 Output from the joint venture is sold exclusively to TI. Acer owns 58 percent of the common shares of the joint venture, TI owns 26 percent, and China Development Corporation owns 16 percent.
 -0- 4/8/92
 /NOTE TO EDITORS: Acer is a multinational corporation with over 15 years of experience in the computer field. From notebook computers to networks, Acer has been bringing to market innovative, quality and value-added products. Ranked among the top 10 PC compatible manufacturers in the world, and with annual revenue of US$1 billion in 1991, Acer has more than 10,000 resellers in more than 75 countries.
 Texas Instruments Incorporated, headquartered in Dallas, is a high- technology company with sales or manufacturing operations in more than 30 countries. TI develops, manufactures and markets semiconductors, defense electronics systems, software productivity tools, computer systems and peripheral products, custom engineering and manufacturing services, electrical controls, metallurgical materials and consumer electronic products.
 /CONTACT: Philip Chien of TI-Acer (Taiwan), 011-886-35-791492, or Anne Tseng of Acer (Taiwan), 011-886-3-4893188, or Bryan Yu (Taiwan), 011-886-2-7139311, or Terri West (U.S.), 214-995-3481, both of TI/
 (TXN) CO: Texas Instruments-Acer Incorporated ST: Texas IN: CPR SU: JVN


AH -- NY080 -- 6349 04/08/92 14:38 EDT
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Date:Apr 8, 1992
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