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IMI finalizes acquisition of PSi

Posted: 12 Oct 2010 ?? ?Print Version ?Bookmark and Share

Keywords:electronics manufacturing services? original equipment manufacturers? semiconductor? multichip module?

Integrated Micro-Electronics, Inc. announced its purchase of a 56-percent stake in PSi Technologies Inc, an independent Philippine semiconductor assembly and test services provider.

"The acquisition of PSi gives us a foothold in the growing convergence of power semiconductor assembly and test services and EMS, said IMI president and CEO, Arthur Tan. "With a complementary capability to change the process of how a power semiconductor is built, we can now offer OEMs an optimized power solution in a multichip module (MCM) that combines the manufacturing expertise of IMI and PSi," he added.

MCM technology addresses the trend in miniaturization of electronic devices. In particular, the company is targeting emerging markets like electric vehicle, smart power, and smart sensor technologies.

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