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Winbond mulls creation of logic IC subsidiary

Posted: 05 Oct 2007 ?? ?Print Version ?Bookmark and Share

Keywords:logic IC subsidiary? memory IC? manufacturing?

Winbond Electronics Corp. announced it will form a task force to evaluate the establishment of a new wholly owned subsidiary that will focus on logic IC business.

Following its recent organizational change dividing the company into five business groups, Winbond now further considers forming a new subsidiary dedicated to the fields of logic IC design, manufacturing and sales. This strategy, Winbond stated, will furthermore reinforce the reorganization that divides its business into five groups and provide more operation freedom and flexibility to both memory IC and logic IC businesses.

The company expects the logic IC business to be less susceptible to the huge fluctuations in the memory market and therefore ensure a better operation performance. Meanwhile, the memory IC business will accommodate itself to the fast-moving industry and make strategic investments according to the market trend.

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