Infineon backing of HSMC set to include equity investment
April 19, 2007 //
Infineon is likely to take a stake in recently-launched Hindustan Semiconductor Manufacturing Corp. (HSMC), according to a report in the Economic Times of India. The amount of equity Infineon will take has yet to be determined.
MUNICH, Germany Infineon is likely to take a stake in recently-launched Hindustan Semiconductor Manufacturing Corp. (HSMC), according to a report in the Economic Times of India. The amount of equity Infineon will take has yet to be determined.
The paper quotes HSMC top manager Devendra Verma saying that the German semiconductor manufacturer will "definitively" take "some equity" in the Indian company. According to Verma, the amount of Infineon's stake will be finalized during the ongoing negotiations, which are expected to be finalized within the coming six weeks.
An Infineon spokesperson declined to acknowledge the statement directly. "We always said that the financial terms of our licensing agreement with HSMC are yet to be negotiated," he said. "There are many options, including an equity holding - eventually."
According to Economic Times, HSMC is presently in talks with financial institutions and state governments to raise funds for the first of its two planned semiconductor manufacturing sites in India, with the exact location still under discussion. Possible locations are Karnataka, Chennai or Hyderabad, Verma said. Decisive factors are, besides incentives from state governments, resources like water and electric power. The first fab to be built is planned to produce 8-inch wafers. This site will require investments of approximately $1 billion. In addition, HSMC plans to erect a second fab, intended to process 12-inch wafers, which will require another $3.2 to $3.5 billions of investment.
Two weeks ago, HSMC had announced that it will license process technologies for standard CMOS chips as well as for RF and embedded flash devices from Infineon. In addition, Infineon will offer expertise and support for setting up the fabs and crank up production. However, Infineon hitherto avoided the impression it was interested in a direct investment into HSMC.
EBVchips get their own dedicated website
August 20, 2014
EBV Elektronik has set up a dedicated website to offer its customers comprehensive online information on its unique EBVchips ...
Webinar: Printed circuit board test and in line automation
IDC: 300 million smartphones shipped in Q2
Will useless clock displays go with IoT integration?
10 finalists revealed for element14's “Hats Off” challenge
Dialog collaborates with Energous to develop wire-free charging
August 19, 2014
Dialog Semiconductor plc is collaborating with Energous Corporation, the developer of WattUp, a wire-free charging technology ...
Webinar: Insight into the WiFi-offload technology and lab testing
China moves to buy Omnivision
Can solar cells result from recycling lead-acid batteries?
- Building Blocks for the Internet of Things
- New Linear Regulators Solve Old Problems
- Testing GPS with a Simulator
- DSM presents: Select the best plastic for DDR4
InterviewCEO interview: Tronics' Langlois makes moves in MEMS
Pascal Langlois has been CEO at Tronics for nine months. He discusses plans for the company and directions for the complex and diverse MEMS technology sector.
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, Altium Ltd is offering EETimes Europe's readers the chance to win one TASKING VX-Toolset for ARM Cortex-M Premium Edition, normally licensed for 2.395 Euros, for ultra-rapid prototyping and code development around ARM Cortex-M based microcontrollers.
The VX-toolset for ARM is the first TASKING compiler suite to receive the Software Platform technology, which is seamlessly...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.