China to invest in Qimonda, reports say
March 16, 2009 //
According to media reports here, Chinese software vendor Inspur (Shandong, China) is one of the suitors for insolvent memory chip vendor Qimonda. While insolvency administrator Michael Jaffˇ declined to comment, market watchers say the company has submitted a "substantial" offer.
MUNICH, Germany According to media reports here, Chinese software vendor Inspur (Shandong, China) is one of the suitors for insolvent memory chip vendor Qimonda. While insolvency administrator Michael Jaffé declined to comment, market watchers say the company has submitted a "substantial" offer.
State-owned Inspur is interested in buying a 50 percent of Qimonda, media reports state. However, the software company would do so only under the condition that the state of Saxony as well as Portugal equally invest as shareholders into the semiconductor vendor. Qimonda's creditors also should take over 15 percent of Qimonda's shares, the Inspur model suggests. The media refer to a letter of insolvency administrator Jaffé to the Saxon state government. A spokesperson of Jaffé's office said the negotiations with potential investors are continuing but declined to provide any details.
The rationale behind Inspur's interest is that China tries to free itself from the stranglehold of the DRAM industry based in Korea, Japan and Taiwan in the first place, the media write.
Sources close to Qimonda acknowledged that there exists such an offer. While Inspur would plan to build a DRAM fab in China, Qimonda's headquarters including administration, R&D and the mainstake of its production could remain in Germany with the backend in Portugal, the insider who asked for anonymity said. "The entrepreneurial leadership as well as the technological expertise could stay in Dresden", the person acknowledged.
While the Portuguese government signalized its willingness to take over a stake in the insolvent company, the Saxon state government remained skeptical. Saxon Prime Minister Stanislaw Tillich said without a detailed business plan the topic is beyond discussion.
Past Friday (March 13), Tillich had med with European Commission President José Manuel Barroso to discuss the Qimonda case. At the meeting, Barroso said that the commission would offer an accelerated assessment and thus create a legal framework for higher state aid.
Biodegradable electronics debut
July 03, 2015
Today our landfills are being overrun by discarded electronic devices fabricated on silicon substrates that do not biodegrade ...
Power magnetics Lab Kit enters education
Automotive software design: new challenges through multiprocessing
Ultrasound sensor protects pedestrians
Dielectric material helps keep LED packages much cooler
PowerChip plans Chinese fab for display, sensor ICs
July 02, 2015
A former DRAM vendor, now foundry, is joining a trend towards supporting manufacturing in China, according to local reports. ...
XeThru Bot simulates breathing for sensor testing: built from Lego
Sony to raise $3.6bn to speed reinvention as component company
Startup's tech is Intel's Quark neural network
- Critical Requirements in High Speed Signal Generation Applications
- The 400XAC Series: Two Major Advantages that Simplify Functional Testing
- A Smart Way to Drive ECU Consolidation
- Autonomous Driving: An Eye on the Road Ahead
InterviewCEO interview: Cadence is about enablement, collaboration
EDA companies are being asked to provide expertise from the circuit- to the system-level observes Lip-Bu Tan, CEO of EDA software vendor Cadence Design Systems Inc. Covering such a breadth of endeavour ...
Filter WizardCheck out the Filter Wizard Series of articles by Filter Guru Kendall Castor-Perry which provide invaluable practical Analog Design guidelines.
Linear video channel
READER OFFERRead more
This month, Novelda is giving away two full XeThru Inspiration kits worth 1499 US Dollars each, for EETimes Europe's readers to experiment first hand with its XeThru technology.Based on the use of radio waves, rather than infrared, ultrasound or light, the company's X2M1000 Inspiration modules can detect presence just from the chest movement while breathing, and measure both the rate and... MORE INFO AND LAST MONTH' WINNERS...
December 15, 2011 | Texas instruments | 222901974
Unique Ser/Des technology supports encrypted video and audio content with full duplex bi-directional control channel over a single wire interface.