Friday, August 29, 2014

Dongbu Foundry to be Sold in September

EETimes: Hindustan Semiconductor Manufacturing Co. (HSMC), Semiconductor Manufacturing International Corp. (SMIC) and three private equity groups Hahn & Company, Askveritas and Bain Capital have expressed interest in acquiring image sensor foundry Dongbu HiTek. Dongbu and its main creditor, Korea Development Bank, agreed to select the preferred bidder in September 2014. Some of the past and current Dongbu customers are Pixelplus, SiliconFile, SETi, Clairpixel, Rayence, Foveon.

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