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X-Fab Semi, 1st Silicon complete merger

Posted: 08 Sep 2006 ?? ?Print Version ?Bookmark and Share

Keywords:X-FAB Silicon Foundries? 1st Silicon? merger? X-FAB Semiconductor Foundries?

X-FAB Silicon Foundries announced completion of the merger of X-FAB Semiconductor Foundries AG with 1st Silicon Sdn. Bhd. effective on Sept. 1, 2006.

The extended X-FAB Group is organized under the umbrella of the Belgian holding X-FAB Silicon Foundries N.V., located in Tessenderlo, Belgium. 1st Silicon will operate in the future as X-FAB Sarawak Sdn. Bhd.

X-FAB Silicon Foundries also announced that Datu Ahmad Tarmizi Hj. Sulaiman was elected chairman of the board of directors. Hans-Jrgen Straub and Roger Diels are named as management and executive directors of the board.

The combined entity has a capacity of 700,000 200mm equivalent wafers per year, and offers customers production technologies ranging from 1&956;m to 0.13m.

"This merger represents a significant step in the development of the X-FAB Group in terms of extending its market position, production capacity and technology portfolio," said Straub. "As a global player and the leading analog mixed-signal foundry, X-FAB Silicon Foundries offers its customers stability and a solid technology base for the most advanced [IC] development."




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