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.
Delayed roadmap set for debut at TSensors Summit
November 27, 2015
The MEMS and Sensors Industry Group has announced that it will release the outline of the TSensors (Trillion Sensors) Roadmap ...
Tower buys Maxim's Texas wafer fab
Deterministic motor control with FPGAs
Smart buildings, smartphones will drive IR detector market
Private ID as a service leverages smartphone-enabled biometrics
Like Micron, SK Hynix rejects Chinese advances
November 26, 2015
Korean memory chip company SK Hynix has rejected an investment offer from China's state-backed Tsinghua Unigroup, according ...
NXP, Freescale merger clears FTC hurdle
Thin film micro-lenses stretch to focus
German battery maker puts squeeze on Tesla's solar storage plans
- Battery Size Matters
- Software-Defined Radio Handbook - 11th edition
- Multichemistry Buck Battery Charger Controller
- Automotive Circuit Protection using Littelfuse Automotive TVS Diodes
InterviewCEO interview: InvenSense's Abdi on expanding MEMS horizons
InvenSense Inc. is a MEMS company that has epitomized a fabless approach to a sector that is still highly reliant on a thorough grasp of the manufacturing and packaging processes. We interviewed CEO Behrooz ...
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, FTDI Chip is giving away six MCU development board packages complete with a dedicated compiler (including a full integrated development environment).
Worth Euro 315 each, the packages include a credit card sized Clicker 2 board for the FT90X 32-bit MCU supplied alongside a powerful dedicated compiler from MikroElektronika.
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.