Wednesday, August 08, 2007

SMIC Not Worried about Toppan-ProMOS Deal

Digitimes: SMIC, Toppan's partner in JV that produces on-chip color filters and micro lenses for CMOS image sensors, has said that it is glad to see the Japan-based partner licensing its technologies to Taiwan's ProMOS.

SMIC maintained that its partnership with Toppan – the JV TSES in Shanghai – has been fruitful following the start of production in January 2006. ProMOS will in the future utilize Toppan's technologies for back-end production and services, SMIC added.

Toppan and SMIC announced in June 2004 that they would invest US$64 million to jointly set up TSES, with the former having a 70% stake and the latter 30%.

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