Friday, February 27, 2009

Recent Rumors

According to unconfirmed rumors, Promos has shut down all its image sensor activities. Promos decided to enter image sensors more than 2 years ago. Promos and Cypress formed JV to adapt Cypress image sensor process. The JV has successfully designed 3.6um pixels on 12" wafers but later decided to concentrate on smaller pixels for mobile phones. Then Promos decided to transfer the 12" fab dealing with image sensor project from Taiwan to Chengdu, China. But with the recent economic turmoil the whole image sensor project has been canceled.

After the successful demonstration of Advasense engineering samples, the company was contacted by a potential strategic partner with a request to check cooperation possibility. Apparently, the company is checking this option.

Update: I got few emails saying that the second paragraph is not written clearly. It was supposed to talk about Advasense only, with no connection with Promos. Basically, it says that Advasense is checking the cooperation possibilities with a potential strategic partner.

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