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SevenStar forms hybrid IC venture with U.S. companies

Posted: 09 Apr 2002 ?? ?Print Version ?Bookmark and Share

Keywords:Hytel? International Technologies Network? Beijing SevenStar Hytel Microelectronics? hybrid IC? SMT?

Beijing SevenStar Science & Technology Co. Ltd has entered into an agreement with U.S.-based Hytel Group Inc. and International Technologies Network Inc. to establish a joint venture named Beijing SevenStar Hytel Microelectronics Co. Ltd.

The joint venture will engage in the research and manufacture of hybrid ICs for use in optoelectronics, wireless communications, industrial control, medical electronics, and automotive electronics. At the same time, Beijing SevenStar Hytel is expected to provide SMT manufacturing services for both local and international OEM companies.

Mass production is scheduled to commence later this year, with a proposed annual output of 10 million units. Initially, Beijing SevenStar Hytel will deliver products to Motorola, Lucent and GE.

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