EETimes Europe reports that LFoundry Rousset, France fab has been declared bankrupt and closed. Its 600 employees have been laid off. The fab used to offer 0.15um and 0.11um CIS processes:
Lfoundry bought the Rousset plant from Atmel in 2010 for €1, and Atmel was the main customer for Rousset until mid-2013. Now, the only active LFoundry's fab is the one in Avezzano, Italy, bought from Micron in June 2013. The Avezzano fab offers CIS process to customers. It also enjoys a 4 years wafer supply agreement with Aptina. It's a 50:50 joint venture between LFoundry Europe and Marsica Innovation SpA, a company owned by the Italian fab's management.