AMD founded firm Global Foundries is reportedly looking to expand production by taking over a firm going through financial difficulties. ProMOS Technologies are a company based in Taiwan and reportedly are worth $506-760 million in a takeover deal. They own a 300mm wafer production plant in Taichung and are in danger of being delisted. The takeover would give Global Foundries a presence in Taiwan which is where their rival TSMC are mainly based.
By completing the takeover of ProMOS, Global Foundries is expected to have a better chance of getting contracts by big companies in Taiwan and China that are currently working with TSMC or UMC. ProMOS’ Taichung fabrication plant has a production capacity of 60,000 wafers per month and that would add almost 50% to the 130,000 wafers/month that the Global Foundries facilities in Germany and Singapore produce.
Source: Digitimes
Electronic Arts (EA) announced today that its games were played for over 11 billion hours…
Steam's annual end-of-year recap, Steam Replay, provides fascinating insights into gamer habits by comparing individual…
GSC GameWorld released a major title update for STALKER 2 this seeking, bringing the game…
Without any formal announcement, Intel appears to have revealed its new Core 200H series processors…
Ubisoft is not having the best of times, but despite recent flops, the company still…
If you haven’t started playing STALKER 2: Heart of Chornobyl yet, now might be the…