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Intel-backed China foundry is close to going under

Posted: 12 Jul 2006 ?? ?Print Version ?Bookmark and Share

Keywords:Nanotech? silicon foundry? Intel? CPU? XX?

Nanotech Corp., the Chinese silicon foundry hopeful that was started with help from Intel Corp., is in limbo and close to going under, according to an analyst.

In 2004, Intel and Nanotech struck a deal on the transfer of manufacturing technology and equipment, believed to be the first such deal that the CPU giant made in China.

Intel licensed 0.35n and 0.25n CMOS process technology to Nanotech, based outside of Shanghai in Changzhou, Jiangsu Province. Intel also helped train Nanotech staff and sell enough 200mm wafer equipment to the firm to produce 15,000 wafers per month. Other details, such as whether Intel took cash or an equity stake as payment, could not be confirmed.

But Nanotech's prospects appear to be dim, as the company's key management has resigned from the startup, said Samuel Ni, manager of market research at SEMI China (Shanghai), part of the Semiconductor Equipment and Materials International (SEMI) trade group.

"[Nanotech] is still there, but there are no people at the company," Ni said during an interview at a SEMI press event early this week. "Nanotech's technology has no backing," he added.

- Mark LaPedus
EE Times

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