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.
Freescale mourns employees on missing Malaysian flight
March 10, 2014
Nearly three days after Malaysia Airlines Flight MH370 vanished from radar screens and as the mystery remains about what ...
Arrow Electronics signs EMEA distribution for Variscite
Apple design wins lift Bosch to top of MEMS ranking
Smartphone app oximeter meets hospital standards
Haptic lens converts light into touch
The MEMS market - who are the winners, the losers
March 10, 2014
How dynamic the market for MEMS is shows a recent survey from IHS technology. These microelectromechanical systems are increasingly ...
Optical sensor improves spot welding process
SmartMesh IP wireless sensor network starter kit
Conspiracy alleged over Rousset wafer fab closure
- DSM presents: Select the best plastic for DDR4
- Wireless Sensor Network Challenges and Solutions
- Putting FPGAs to Work in Software Radio Systems Handbook
- Real-Time Spectrum Analysis for Troubleshooting 802.11n/ac WLAN Devices
InterviewWi-Fi is ‘open’ for business, which is good news for mobile subscribers
Following the news that Netgear has built a Facebook-linked amenity Wi-Fi option into its routers, enabling businesses to offer free Wi-Fi in return for liking the company Facebook page, David Nowicki, ...
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, Freescale is giving away ten RIoTboards, worth 74 dollars each, for EETimes Europe's readers to win.
Designed to run Android operating systems efficiently or to run under Linux, the board is based on the Freescale i.MX 6Solo processor; using the ARM Cortex-A9 architecture.
And the winner is...
In our previous reader offer, Crystal Display was giving...Read more
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.